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Inspire: 2Q Earnings Snapshot

August 6, 2019

GOLDEN VALLEY, Minn. (AP) _ Inspire Medical Systems Inc. (INSP) on Tuesday reported a loss of $7.7 million in its second quarter.

The Golden Valley, Minnesota-based company said it had a loss of 32 cents per share.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 45 cents per share.

The maker of devices for treating obstructive sleep apnea posted revenue of $18 million in the period.

Inspire expects full-year revenue in the range of $73 million to $75 million.

Inspire shares have climbed 48% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $62.52, a rise of 35% in the last 12 months.

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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

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