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SeaSpine: 2Q Earnings Snapshot

CARLSBAD, Calif. (AP) _ SeaSpine Holdings Corp. (SPNE) on Thursday reported a loss of $12 million in its second quarter.

The Carlsbad, California-based company said it had a loss of 64 cents per share. Losses, adjusted for asset impairment costs, came to 38 cents per share.

The medical technology company posted revenue of $39.3 million in the period.

SeaSpine shares have fallen 29% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $12.91, a decline of roughly 8% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SPNE at https://www.zacks.com/ap/SPNE