August 16, 2017 10:16 AM ET

Healthcare Equipment and Supplies

Company Overview of Senseonics Holdings, Inc.

Company Overview

Senseonics Holdings, Inc., a medical technology company, designs, develops, and commercializes glucose monitoring systems for people with diabetes primarily in Europe. Its product includes Eversense, a first generation continuous glucose monitoring system, which measures glucose levels in people with diabetes for a period of up to 90 days. The company has a research and development license agreement with TypeZero Technologies, Inc. to develop artificial pancreas and decision support systems that use the Eversense continuous glucose monitoring system. It also has collaboration agreement with Roche Diabetes Care, Inc. to develop an automated insulin delivery system. Senseonics Holdings, Inc. w...

20451 Seneca Meadows Parkway

Germantown, MD 20876

United States

Founded in 1996

58 Employees

Phone:

301-515-7260

Fax:

301-515-0988

Key Executives for Senseonics Holdings, Inc.

Chief Executive Officer, President and Director
Age: 55
Total Annual Compensation: $476.0K
Chief Financial Officer, Secretary and Treasurer
Age: 63
Total Annual Compensation: $355.6K
Chief Medical Officer
Age: 54
Total Annual Compensation: $365.0K
VP & General Manager of Global Commercial Operations
Age: 52
Total Annual Compensation: $221.5K
Compensation as of Fiscal Year 2016.

Senseonics Holdings, Inc. Key Developments

Senseonics Holdings, Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2017; Reiterates Revenue Guidance for the Year 2017

Senseonics Holdings, Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2017. For the quarter, the company reported revenue of $814,000 against $19,000 a year ago. The increase was attributable to sales of the Eversense sensor in Europe. Operating loss was $11,641,000 against $11,550,000 a year ago. Net loss was $12,374,000 against $11,861,000 a year ago. The large driver of the increase in net loss was higher interest expense compared to last year. Basic and diluted net loss per common share was $0.12 against $0.13 a year ago. For the six months, the company reported revenue of $1,367,000 against $19,000 a year ago. Operating loss was $24,038,000 against $22,479,000 a year ago. Net loss was $25,447,000 against $23,078,000 a year ago. Basic and diluted net loss per common share was $0.26 against $0.27 a year ago. The company reiterated revenue guidance for 2017. It expects revenue of $6.0 million to $7.0 million.

Senseonics Holdings, Inc. to Report Q2, 2017 Results on Aug 09, 2017

Senseonics Holdings, Inc. announced that they will report Q2, 2017 results After-Market on Aug 09, 2017

Senseonics Holdings, Inc., Q2 2017 Earnings Call, Aug 09, 2017

Senseonics Holdings, Inc., Q2 2017 Earnings Call, Aug 09, 2017

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Recent Private Companies Transactions

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