Senseonics Holdings Q2 Gaap EPS $(0.03), Inline, Sales $4.87M Miss $4.94M Estimate
Portfolio Pulse from saritha@benzinga.com
Senseonics Holdings (AMEX:SENS) reported Q2 GAAP EPS of $(0.03), meeting analyst expectations, and sales of $4.87M, missing estimates by 1.52%. Despite the miss, sales increased by 17.91% year-over-year.

August 08, 2024 | 8:39 pm
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NEUTRAL IMPACT
Senseonics Holdings reported Q2 GAAP EPS of $(0.03), meeting analyst expectations, and sales of $4.87M, missing estimates by 1.52%. Despite the miss, sales increased by 17.91% year-over-year.
The earnings per share met expectations, which is neutral news. However, the slight miss in sales estimates could be seen as a minor negative. The significant year-over-year sales growth is a positive factor, balancing the overall impact to neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100