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Axogen Shares Rise 22% After Third-Quarter Revenue and Earnings Beat Expectations

Axogen reported third-quarter revenue and earnings above analysts’ expectations. Its shares rose 22% to $45.61 in morning trading.

AXGN

By Chris WackAxogen shares rose after the company reported third-quarter revenue and earnings that beat analysts' expectations.The stock was 22% higher, at $45.61, in morning trade, and is 152% higher in the past 12 months.Revenue for the quarter was $75.8 million, compared with $60.1 million in th…