Insulet Corp.'s (PODD) third-quarter net loss widened to $24.72 million from a loss of $21.66 million in the year-ago period. On a per share basis, loss was 88 cents, compared with 78 cents last year.
Ten analysts estimated a loss of 70 cents per share. Analysts' estimates typically exclude one-time items.
Revenues increased to $18.73 million from $10.11 million last year, while analysts for the same quarter expected revenues of $16.88 million.
For fiscal 2009, the company raised its revenue expectation to a range between $64 million and $66 million from prior outlook of $58 million - $65 million. Ten analysts now expect revenues of 62.49 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.