Intersect ENT (XENT) Misses Q2 EPS by 6c
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Intersect ENT Reports Second Quarter 2021 Financial Results
August 6, 2021 7:15 AM EDTMENLO PARK, Calif.--(BUSINESS WIRE)-- Intersect ENT, Inc. (Nasdaq: XENT), a global ear, nose and throat (ENT) medical technology leader dedicated to transforming patient care, today reported financial results for the second quarter ended June 30, 2021.
Second Quarter 2021 Overview
Entered into a definitive agreement with Medtronic, in which Medtronic will acquire all outstanding shares of Intersect ENT. Revenue of $27.3 million in the second quarter of 2021, up 180%, compared to $9.8 million in the second quarter of 2020. Record quarterly SINUVA revenue of $2.7 million. Global Navigation and Balloon portfolio generated... More