MOUNTAIN VIEW, Calif. (AP) _ Livongo Health Inc. (LVGO) on Wednesday reported a loss of $19.7 million in its third quarter.
The Mountain View, California-based company said it had a loss of 27 cents per share. Losses, adjusted for stock option expense and amortization costs, were 5 cents per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 14 cents per share.
The digital health company posted revenue of $46.7 million in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $42.6 million.
For the current quarter ending in December, Livongo Health said it expects revenue in the range of $49 million to $49.5 million.
The company expects full-year revenue in the range of $168.5 million to $169 million.