Senseonics: 1Q Earnings Snapshot

Senseonics: 1Q Earnings Snapshot

Associated Press
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GERMANTOWN, Md. (AP) _ Senseonics Holdings Inc. (SENS) on Thursday reported a loss of $29.4 million in its first quarter.

On a per-share basis, the Germantown, Maryland-based company said it had a loss of 17 cents.

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

The medical technology company posted revenue of $3.4 million in the period.

Senseonics expects full-year revenue in the range of $25 million to $30 million.

In the final minutes of trading on Thursday, the company's shares hit $2.36. A year ago, they were trading at $3.07.

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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

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