earnings
confidence high
sentiment positive
materiality 0.75
Senseonics Q4 revenue $5.6M; FY revenue $16.4M; guides FY23 $20-24M
Senseonics Holdings, Inc.
- Q4 2022 revenue $5.6M vs $4.0M YoY; full-year revenue $16.4M vs $13.7M.
- Achieved first full year of gross profit: $2.7M in 2022 vs ($0.8M) loss in 2021.
- Net income $11.6M (Q4) and $142.1M (FY) driven primarily by non-cash fair value adjustments.
- PHC Holdings made $15M equity investment on March 13, 2023, and agreed to exchange $35M convertible note for equity.
- FY 2023 revenue guidance $20-24M, representing 22% to 46% growth over 2022.