June 23, 2018 1:15 PM ET

Healthcare Equipment and Supplies

Company Overview of Senseonics Holdings, Inc.

Company Overview

Senseonics Holdings, Inc., a medical technology company, designs, develops, and commercializes continuous glucose monitoring (CGM) systems for people with diabetes primarily in Europe. Its products include Eversense and Eversense XL, which are implantable CGM systems that is designed to continually and accurately measure glucose levels in people with diabetes for a period of up to 90 and 180 days. The company has a research and development license agreement with TypeZero Technologies, Inc. and Roche Diabetes Care, Inc. to develop a closed loop diabetes management system that allow users to automatically maintain tight glucose control while avoiding hypoglycemia. Senseonics Holdings, Inc. was...

20451 Seneca Meadows Parkway

Germantown, MD 20876

United States

Founded in 1996

94 Employees

Phone:

301-515-7260

Fax:

301-515-0988

Key Executives for Senseonics Holdings, Inc.

Senseonics Holdings, Inc. does not have any Key Executives recorded.

Senseonics Holdings, Inc. Key Developments

Senseonics Reports Earnings Results for the First Quarter Ended March 31, 2018; Reaffirms Revenue Guidance for the Year 2018

Senseonics reported earnings results for the first quarter ended March 31, 2018. For the quarter, the company generated $2.9 million in revenue, compared to $600,000 in the first quarter of 2017. The increase was attributable to an increase in sales of Eversense in the European market. Total net loss was $22.3 million or $0.16 per share, compared to $13.1 million or $0.14 per share in the first quarter of 2017. The company's net loss for the quarter was primarily attributable to a noncash charge of $4.8 million associated with the change in the fair value of the company's derivative liability and the $3.7 million increase in operating expense. First quarter 2018 net loss per share is based on 137.1 million. The company continues to expect full year revenue in 2018 to be between $18 million and $20 million.

Senseonics Holdings, Inc., Q1 2018 Earnings Call, May 10, 2018

Senseonics Holdings, Inc., Q1 2018 Earnings Call, May 10, 2018

Senseonics Holdings, Inc. to Report Q1, 2018 Results on May 10, 2018

Senseonics Holdings, Inc. announced that they will report Q1, 2018 results After-Market on May 10, 2018

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