CARLSBAD, Calif. (AP) _ SeaSpine Holdings Corp. (SPNE) on Tuesday reported a loss of $9.7 million in its third quarter.
On a per-share basis, the Carlsbad, California-based company said it had a loss of 51 cents.
The medical technology company posted revenue of $39.9 million in the period.
SeaSpine expects full-year revenue in the range of $157 million to $158 million.
SeaSpine shares have fallen 26% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $13.45, a decrease of 21% in the last 12 months.