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

Acutus Medical

11/05/2023 22:02

* Acutus Medical Inc  AFIB.OQ  reported a quarterly adjusted
loss
of 57 cents​​ per share for the quarter ended in March. The mean
expectation of three analysts for the quarter was for a loss
of 69 cents per share.
    * Revenue rose 13.3% to $4.17 million from a year ago. 
    * Acutus Medical Inc's reported EPS for the quarter was a
loss
of 57 cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.5%
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 risen by 27.3% this
quarter and
lost 16.5% so far this year.
    * The company reported a quarterly loss of $16.32 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 May
11 at 09:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.69          -0.57          Beat
 Dec. 31 2022      -0.71          0.41           Beat
 Sep. 30 2022      -0.81          -0.72          Beat
 Jun. 30 2022      -0.80          -1.38          Missed