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BRIEF-Intersect Reports Q1 Loss Per Share Of $0.61

05/10/2021 07:56
BRIEF-Intersect Reports Q1 Loss Per Share Of $0.61

- Intersect Ent Inc XENT.O:

  • INTERSECT ENT REPORTS FIRST QUARTER 2021 FINANCIAL RESULTS

  • Q1 ADJUSTED LOSS PER SHARE $0.51

  • Q1 LOSS PER SHARE $0.61

  • SEES FY REVENUE $117 MILLION TO $121 MILLION

  • Q1 REVENUE $24.3 MILLION VERSUS REFINITIV IBES ESTIMATE OF $23.5 MILLION

  • Q1 EARNINGS PER SHARE ESTIMATE $-0.42 -- REFINITIV IBES DATA

  • FULL YEAR 2021 GROSS MARGIN IS EXPECTED TO BE IN LOW-TO-MID 70S

  • BELIEVES IT HAS ADEQUATE CASH AND OTHER RESOURCES TO OPERATE WELL INTO 2022

Source text for Eikon: ID:nBwbrBbyda

Further company coverage: XENT.O


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