Senseonics Holdings, Inc. Reports Fourth Quarter and Full Year 2019 Financial Results

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Senseonics Holdings (SENS) Misses Q4 EPS by 2c, Revenues Beat; Offers FY20 Revenue Guidance Below Consensus

March 12, 2020 4:33 PM EDT

Senseonics Holdings (NYSE: SENS) reported Q4 EPS of ($0.18), $0.02 worse than the analyst estimate of ($0.16). Revenue for the quarter came in at $9 million versus the consensus estimate of $8.07 million.

Fourth Quarter total net revenue of $9.0 million

OUS net revenue of $8.1 millionU.S. net revenue of $0.8 million after accounting for gross to net reductions, primarily related to the Eversense® Bridge ProgramU.S. gross revenue was $2.5 million. Reconciliations of net revenue and net U.S. revenue to gross revenue and U.S. gross revenue, respectively, have been provided in the tables... More