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Inspire: Q3 Earnings Snapshot
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GOLDEN VALLEY, Minn. (AP) — GOLDEN VALLEY, Minn. (AP) — Inspire Medical Systems Inc. (INSP) on Monday reported a loss of $24.4 million in its third quarter.

On a per-share basis, the Golden Valley, Minnesota-based company said it had a loss of 84 cents. Earnings, adjusted for restructuring costs and non-recurring costs, were 14 cents per share.

The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 10 cents per share.

The maker of devices for treating obstructive sleep apnea posted revenue of $206.7 million in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $204.3 million.

Inspire expects full-year earnings in the range of $1.20 to $1.40 per share, with revenue in the range of $850 million to $860 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

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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