2020-08-10 16:18:59 SIEN Sientra
08/10/20 08/1016:18 08/10/2016:18 | Sientra reports Q2 EPS (68c), consensus (43c)Reports Q2 revenue $12.4M, consensus $8.75M. Jeff Nugent, Sientra's Chairman and Chief Executive Officer, said, "While the COVID-19 pandemic has posed unprecedented challenges, we are encouraged by our performance through this stage of the recovery and our competitive position as we exited Q2. We are particularly encouraged by the durability of the demand for our OPUS(R) breast implants and tissue expanders, as well as the effectiveness of our Drive the Recovery initiatives as we continued to take share from our competitors through new account additions and further penetration of our existing customers. We also successfully transitioned our miraDry business to focus on high-margin, recurring bioTip sales and have seen utilization rates return to pre-COVID-19 levels in key geographic markets, including the United States, as we exited Q2." |
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