Published on 12 May 2022 on Zacks via Yahoo Finance
SeaSpine Holdings (SPNE) Reports Q1 Loss, Tops Revenue Estimates
SeaSpine Holdings (SPNE) came out with a quarterly loss of $0.45 per share versus the Zacks Consensus Estimate of a loss of $0.35. This compares to loss of $0.46 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -28.57%. A quarter ago, it was expected that this medical technology company would post a loss of $0.36 per share when it actually produced a loss of $0.52, delivering a surprise of -44.44%.
Over the last four quarters, the company has surpassed consensus EPS estimates just once.