Advertisement
Singapore markets closed

  • Straits Times Index

    3,292.93
    -3.96 (-0.12%)
     

  • Nikkei

    38,236.07
    -37.98 (-0.10%)
     

  • Hang Seng

    18,475.92
    +268.79 (+1.48%)
     

  • FTSE 100

    8,213.49
    +41.34 (+0.51%)
     

  • Bitcoin USD

    63,540.88
    +483.91 (+0.77%)
     

  • CMC Crypto 200

    1,327.30
    +50.32 (+3.94%)
     

  • S&P 500

    5,127.79
    +63.59 (+1.26%)
     

  • Dow

    38,675.68
    +450.02 (+1.18%)
     

  • Nasdaq

    16,156.33
    +315.37 (+1.99%)
     

  • Gold

    2,310.10
    +0.50 (+0.02%)
     

  • Crude Oil

    77.99
    -0.96 (-1.22%)
     

  • 10-Yr Bond

    4.5000
    -0.0710 (-1.55%)
     

  • FTSE Bursa Malaysia

    1,589.59
    +9.29 (+0.59%)
     

  • Jakarta Composite Index

    7,134.72
    +17.30 (+0.24%)
     

  • PSE Index

    6,615.55
    -31.00 (-0.47%)
     

SeaSpine: 4Q Earnings Snapshot

Associated Press
Updated ·1-min read

CARLSBAD, Calif. (AP) _ SeaSpine Holdings Corp. (SPNE) on Monday reported a loss of $10.3 million in its fourth quarter.

On a per-share basis, the Carlsbad, California-based company said it had a loss of 37 cents.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 26 cents per share.

The medical technology company posted revenue of $46.4 million in the period.

For the year, the company reported that its loss widened to $43.2 million, or $1.59 per share. Revenue was reported as $154.3 million.

SeaSpine shares have risen 18% since the beginning of the year. In the final minutes of trading on Monday, shares hit $20.55, a climb of 40% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SPNE at https://www.zacks.com/ap/SPNE