U.S. Markets close in 5 hrs 5 mins
  • S&P 500

    3,664.37
    +42.74 (+1.18%)
     
  • Dow 30

    29,990.16
    +351.52 (+1.19%)
     
  • Nasdaq

    12,299.44
    +100.70 (+0.83%)
     
  • Russell 2000

    1,838.00
    +18.18 (+1.00%)
     
  • Crude Oil

    44.35
    -0.99 (-2.18%)
     
  • Gold

    1,811.40
    +30.50 (+1.71%)
     
  • Silver

    23.73
    +1.14 (+5.03%)
     
  • EUR/USD

    1.2042
    +0.0108 (+0.9032%)
     
  • 10-Yr Bond

    0.9210
    +0.0770 (+9.12%)
     
  • Vix

    20.54
    -0.03 (-0.15%)
     
  • GBP/USD

    1.3370
    +0.0039 (+0.2915%)
     
  • USD/JPY

    104.4800
    +0.1560 (+0.1495%)
     
  • BTC-USD

    19,294.18
    -105.59 (-0.54%)
     
  • CMC Crypto 200

    378.53
    -1.33 (-0.35%)
     
  • FTSE 100

    6,380.07
    +113.88 (+1.82%)
     
  • Nikkei 225

    26,787.54
    +353.92 (+1.34%)
     

Sientra: 1Q Earnings Snapshot

SANTA BARBARA, Calif. (AP) _ Sientra Inc. (SIEN) on Wednesday reported a loss of $26.5 million in its first quarter.

The Santa Barbara, California-based company said it had a loss of 91 cents per share.

The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 76 cents per share.

The breast implant maker posted revenue of $17.6 million in the period, exceeding Street forecasts. Three analysts surveyed by Zacks expected $17 million.

Sientra expects full-year revenue in the range of $79 million to $83 million.

Sientra shares have dropped 35% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $8.27, a decline of 50% 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 SIEN at https://www.zacks.com/ap/SIEN