Senseonics Holdings, Inc. Reports Fourth Quarter and Full Year 2020 Financial Results

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Go back to Senseonics Holdings, Inc. Reports Fourth Quarter and Full Year 2020 Financial Results

Senseonics Holdings (SENS) Misses Q4 EPS by 32c, Revenues Beat; Offers FY21 Revenues Outlook

March 4, 2021 4:24 PM EST

Senseonics Holdings (NYSE: SENS) reported Q4 EPS of ($0.41), $0.32 worse than the analyst estimate of ($0.09). Revenue for the quarter came in at $3.9 million versus the consensus estimate of $3.05 million.

Fourth Quarter 2020 Results:

Total revenue for the quarter was $3.9 million compared to $9.0 million for the fourth quarter of 2019. U.S. revenue was $0.4 million and revenue outside the U.S. was $3.5 million.Fourth quarter 2020 gross profit increased by $10.8 million year-over-year, to $2.6 million. The positive gross margin in the quarter was primarily due to the ability to fill resupply orders with... More