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Senseonics: 1Q Earnings Snapshot

GERMANTOWN, Md. (AP) _ Senseonics Holdings Inc. (SENS) on Tuesday reported a loss of $42.6 million in its first quarter.

On a per-share basis, the Germantown, Maryland-based company said it had a loss of 21 cents.

The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 12 cents per share.

The medical technology company posted revenue of $31,000 in the period, which also missed Street forecasts. Three analysts surveyed by Zacks expected $770,000.

In the final minutes of trading on Tuesday, the company's shares hit 52 cents. A year ago, they were trading at $2.06.


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