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SeaSpine Holdings (SPNE) Prelim. Q1 Revenue Tops Consensus, Increases 2021 Revenue Guidance

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SeaSpine Announces Preliminary Results for First Quarter 2021 and Increases 2021 Revenue Guidance

April 5, 2021 4:05 PM EDT

CARLSBAD, Calif., April 05, 2021 (GLOBE NEWSWIRE) -- SeaSpine Holdings Corporation (NASDAQ: SPNE), a global medical technology company focused on surgical solutions for the treatment of spinal disorders, announced today preliminary financial results for the first quarter of 2021 and provided updated revenue guidance for the full-year 2021. The Company also provided additional information regarding the expected financial impact of 7D Surgical in 2021 and 2022.

Preliminary and Unaudited First Quarter 2021 Financial Results:

Total revenue is expected to be in the range of $41.5 to $42.0 million, reflecting a 17% to 18% increase in... More