Acutus Medical Inc reports results for the quarter ended in June - Earnings Summary

Acutus Medical

07/08/2023 23:01

* Acutus Medical Inc  AFIB.OQ  reported a quarterly adjusted
loss
of 63 cents​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for a loss
of 64 cents per share.
    * Revenue rose 29.8% to $5.29 million from a year ago;
analysts
expected $4.53 million. 
    * Acutus Medical Inc's reported EPS for the quarter was a
loss
of 63 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Acutus Medical Inc shares had fallen by 22.3% this
quarter and
lost 40.0% so far this year.
    * The company reported a quarterly loss of $18.35 million.
    * Wall Street's median 12-month price target for Acutus
Medical
Inc is $1.75 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 7 at 10:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.64          -0.63          Beat
 Mar. 31 2023      -0.69          -0.57          Beat
 Dec. 31 2022      -0.71          0.41           Beat
 Sep. 30 2022      -0.81          -0.72          Beat