SeaSpine Holdings: Q3 Earnings Insights

SeaSpine Holdings SPNE reported its Q3 earnings results on Thursday, October 28, 2021 at 04:05 PM.

Here's what investors need to know about the announcement.

SeaSpine Holdings missed their estimated earnings by 54.84%, reporting an EPS of $-0.48 versus an estimate of $-0.31, which surprised analysts.

Revenue was up $3,236,000 from the same period last year.

Last quarter the company beat on EPS by $0.16, which was followed by a 20.73% drop in the share price the next day.

Here's a look at SeaSpine Holdings's past performance:

Quarter	Q2 2021	Q1 2021	Q4 2020	Q3 2020
EPS Estimate	-0.32	-0.33	-0.26	-0.31
EPS Actual	-0.16	-0.46	-0.37	-0.24
Revenue Estimate	45.88M	40.23M	46.95M	41.96M
Revenue Actual	47.46M	41.95M	46.44M	43.21M

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