SenesTech Announces First Quarter 2020 Financial and Operational Results

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Go back to SenesTech Announces First Quarter 2020 Financial and Operational Results

SenesTech, Inc. (SNES) Misses Q1 EPS by 23c

May 15, 2020 8:33 AM EDT

SenesTech, Inc. (NASDAQ: SNES) reported Q1 EPS of ($1.69), $0.23 worse than the analyst estimate of ($1.46).

Financial Results Highlights

Revenue during the first quarter of 2020 was $37,000 compared to $19,000 in the year ago first quarter.On a GAAP basis, net loss for the first quarter of 2020 was $(2.3) million, compared with a net loss of $(2.4) million for first quarter of 2019.Adjusted EBITDA loss, which is a non-GAAP measure of operating performance, for the first quarter of 2020 was $(2.1) million versus $(2.0) million in the first quarter of... More