CARLSBAD, Calif. (AP) _ SeaSpine Holdings Corp. (SPNE) on Monday reported a loss of $12.7 million in its first quarter.

On a per-share basis, the Carlsbad, California-based company said it had a loss of 46 cents.

The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 30 cents per share.

The medical technology company posted revenue of $42 million in the period.

SeaSpine expects full-year revenue in the range of $193 million to $198 million.

SeaSpine shares have climbed 23% since the beginning of the year. In the final minutes of trading on Monday, shares hit $21.41, more than doubling in the last 12 months.

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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 SPNE at https://www.zacks.com/ap/SPNE