Senseonics (NYSE:SENS) shares ticked up after hours on first-quarter results that topped the consensus forecast.
Shares of SENS rose 1.9% at 66¢ apiece after the market closed today. MassDevice’s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — closed the day down 0.4%.
The Germantown, Maryland-based company posted profits of $1.3 million. Earnings per share broke even at $0.00 on sales of $4.1 million for the three months ended March 31, 2023.
Earnings per share topped Wall Street estimates by 3¢. Sales also came out ahead of expectations of $3.4 million.
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