Senseonics Holdings Q2 EPS $(0.04), Inline, Sales $4.13M Miss $4.49M Estimate
Portfolio Pulse from Benzinga Newsdesk
Senseonics Holdings reported Q2 losses of $(0.04) per share, in line with analyst consensus. This is a 33.33% decrease from last year. The company's quarterly sales of $4.13M missed the analyst consensus of $4.49M by 8.11%, but it's an 11.09% increase from last year.
August 10, 2023 | 8:19 pm
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NEGATIVE IMPACT
Senseonics Holdings reported Q2 earnings in line with estimates but missed on sales.
Senseonics Holdings reported Q2 earnings per share in line with analyst consensus, which is a neutral factor. However, the company missed on sales, which is a negative factor. Therefore, the stock price is likely to go down in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100