Latest News by Industry
GOLDEN VALLEY, Minn. (AP) — GOLDEN VALLEY, Minn. (AP) — Inspire Medical Systems Inc. (INSP) on Tuesday reported second-quarter earnings of $9.8 million.
On a per-share basis, the Golden Valley, Minnesota-based company said it had net income of 32 cents.
The results beat Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for a loss of 14 cents per share.
The maker of devices for treating obstructive sleep apnea posted revenue of $195.9 million in the period.
Inspire expects full-year earnings to be 60 cents to 80 cents per share, with revenue in the range of $788 million to $798 million.
_____
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