Insulet Corp. (PODD) Wednesday said its second-quarter loss narrowed to $14.5 million or $0.30 per share from $19.4 million or $0.42 per share in the same period last year.
On average, 16 analysts polled by Thomson Reuters expected the company to report a loss of $0.26 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues totaled $51 million, up 58 percent from $32.2 million last year. Analysts expected revenues of $52.09 million.
Looking ahead to the third quarter, the company has forecast revenues in the range of $53 to $57 million. Analysts currently expect revenues of $55.92 million.
For the fiscal year 2012, the company currently expects revenues in the range of $210 to $220 million. This compares to the previous guidance range of $210 million to $225 million. Analysts currently expect full-year revenues of $216.63 million.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.