CARLSBAD, Calif. (AP) _ SeaSpine Holdings Corp. (SPNE) on Tuesday reported a loss of $13.9 million in its second quarter.
The Carlsbad, California-based company said it had a loss of 38 cents per share.
The results did not meet Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of 35 cents per share.
The medical technology company posted revenue of $56.3 million in the period, which beat Street forecasts. Eight analysts surveyed by Zacks expected $54.3 million.
SeaSpine expects full-year revenue in the range of $234 million to $236 million.
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
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