HOLLISTON, Mass. (AP) — HOLLISTON, Mass. (AP) — Harvard Bioscience Inc. (HBIO) on Monday reported a loss of $50.3 million in its first quarter.

The Holliston, Massachusetts-based company said it had a loss of $1.14 per share. Losses, adjusted for one-time gains and costs, were 1 cent per share.

The medical instruments maker posted revenue of $21.8 million in the period.

For the current quarter ending in June, Harvard Bioscience said it expects revenue in the range of $18 million to $20 million.

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