Hansen Medical Sees Q2 Revenue Below View

(RTTNews) - Hansen Medical Inc. (HNSN) said that it expects to report net loss of $13.2 million to $13.7 million for the second quarter. The company anticipates to report revenue of approximately $3.1 million to $3.4 million in the second quarter, down 4% to 12% year-over-year. Analysts polled by Thomson Reuters expected the company to report revenues of $5.23 million for the second-quarter. Analysts' estimates typically exclude special items.

The company now expects that operating expenses in 2013, excluding the $4.5 million litigation settlement charge recorded in the first quarter, will grow approximately 10% to 15% compared to total 2012 operating expenses.