earnings
confidence high
sentiment negative
materiality 0.65
Senseonics Q3 revenue $4.6M (+31% YoY); net loss $60.4M on non-cash fair value adjustments
Senseonics Holdings, Inc.
2022-Q3 EPS reported
-$0.10
revenue$10,818,000
- Revenue $4.6M vs $3.5M a year ago; U.S. revenue $1.9M (up from $0.6M), OUS $2.7M.
- Net loss of $60.4M ($0.13/share) compared to net income of $42.9M ($0.10/share) in Q3 2021 due to non-cash items.
- Gross profit improved to $0.8M from negative $1.2M in the prior-year period.
- FY 2022 revenue guidance narrowed to $15-17M from prior $14-18M range.
- Completed enrollment of pivotal 365-day sensor trial; Eversense E3 launched globally with Ascensia.