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Sientra: 3Q Earnings Snapshot

·1 min read

SANTA BARBARA, Calif. (AP) _ Sientra Inc. (SIEN) on Monday reported a loss of $5.8 million in its third quarter.

On a per-share basis, the Santa Barbara, California-based company said it had a loss of 12 cents. Losses, adjusted for non-recurring gains and restructuring gains, came to 33 cents per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 38 cents per share.

The breast implant maker posted revenue of $19.2 million in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $13.8 million.

Sientra expects full-year revenue in the range of $63 million to $66 million.

In the final minutes of trading on Monday, the company's shares hit $4.75. A year ago, they were trading at $7.

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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 SIEN at https://www.zacks.com/ap/SIEN