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Senseonics Is Hitting An Inflection Point

July 20th, 2019 · No Comments

  • Despite accelerating revenue, the shares were slaughtered on new financing.
  • From a revenue growth perspective, things look very good, but the company is still bleeding cash and that’s not going to change anytime soon.
  • If operational cost don’t increase a whole lot more from the current $100M level, the company has cash for another 5-6 quarters; they will still need more financing.
  • There will come a moment when the cash bleed will greatly diminish and with it the need for additional financing, but that still seems a couple of years off.

Source: Senseonics Is Hitting An Inflection Point – Senseonics Holdings, Inc. (NYSEMKT:SENS) | Seeking Alpha

Tags: SENS