Senseonics (SENS) said late Monday it expects Q3 preliminary revenue of $8.1 million, up 91% from a year earlier.
Analysts polled by FactSet expected $7.8 million.
The company also said it will conduct a reverse stock split at a ratio of one-for-20 to reduce the number of its shares to about 41 million from about 816 million.
The firm said shares will start trading on a post-split basis Oct. 20.
The shares were down over 6% in after-hours activity.
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