earnings
confidence high
sentiment positive
materiality 0.70
Senseonics Q1 revenue $2.5M; FDA approves Eversense E3 6-month CGM
Senseonics Holdings, Inc.
2022-Q1 EPS reported
-$0.03
revenue$2,481,000
- Q1 2022 total revenue $2.5M vs $2.8M YoY; U.S. revenue $0.8M up from $0.3M.
- Net income $86.7M ($0.19 EPS) vs net loss $249.5M (-$0.68 EPS) due to derivatives fair value adjustments.
- FDA approved Eversense E3 CGM with 6-month sensor wear; U.S. commercial launch underway with Ascensia.
- FY 2022 global revenue guidance reiterated at $14M-$18M.
- Cash & investments $166.9M, debt $104.7M as of March 31, 2022.