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