CARLSBAD, Calif. (AP) _ SeaSpine Holdings Corp. (SPNE) on Thursday reported a loss of $17.6 million in its third quarter.
The Carlsbad, California-based company said it had a loss of 48 cents per share.
The results fell short of Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of 31 cents per share.
The medical technology company posted revenue of $46.4 million in the period, which also missed Street forecasts. Eight analysts surveyed by Zacks expected $48.1 million.
For the current quarter ending in December, SeaSpine said it expects revenue in the range of $54 million to $55 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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