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GERMANTOWN, Md. (AP) _ Senseonics Holdings Inc. (SENS) on Thursday reported a loss of $35.6 million in its fourth quarter.
On a per-share basis, the Germantown, Maryland-based company said it had a loss of 18 cents.
The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 16 cents per share.
The medical technology company posted revenue of $9 million in the period, surpassing Street forecasts. Three analysts surveyed by Zacks expected $7.9 million.
For the year, the company reported that its loss widened to $115.5 million, or 61 cents per share. Revenue was reported as $21.3 million.
Senseonics expects full-year revenue in the range of $15 million to $20 million.
In the final minutes of trading on Thursday, the company’s shares hit 91 cents. A year ago, they were trading at $3.07.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SENS at https://www.zacks.com/ap/SENS
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