GOLDEN VALLEY, Minn. (AP) — GOLDEN VALLEY, Minn. (AP) — Inspire Medical Systems Inc. (INSP) on Tuesday reported a loss of $8.5 million in its third quarter.
On a per-share basis, the Golden Valley, Minnesota-based company said it had a loss of 29 cents.
The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 53 cents per share.
The maker of devices for treating obstructive sleep apnea posted revenue of $153.3 million in the period, which fell short of Street forecasts. Six analysts surveyed by Zacks expected $156.1 million.
Inspire expects full-year revenue in the range of $608 million to $612 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on INSP at https://www.zacks.com/ap/INSP