earnings
confidence high
sentiment neutral
materiality 0.70
Senseonics Q2 revenue $3.7M, net income $104.2M on fair value adjustments; reaffirms FY 2022 outlook
Senseonics Holdings, Inc.
2022-Q2 EPS reported
-$0.06
revenue$6,196,000
- Revenue $3.7M, up from $3.3M YoY; US $1.2M, OUS $2.5M.
- Net income $104.2M ($0.22/sh) vs net loss $180.3M ($0.42/sh) in Q2 2021, driven by derivative and fair value adjustments.
- Cash and investments $150.5M; total debt $103.9M as of June 30, 2022.
- Achieved CE mark for Eversense E3 6-month CGM; CMS G-codes effective July 1; Anthem coverage adds 45M lives.
- Reaffirms full-year 2022 global net revenue guidance of $14-18M.