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

Acutus Medical

10/11/2022 23:16

* Acutus Medical Inc  AFIB.OQ  reported a quarterly adjusted
loss
of 72 cents​​ per share for the quarter ended in September. The
mean expectation of six analysts for the quarter was for a loss
of 81 cents per share.
    * Revenue fell 20.8% to $3.64 million from a year ago;
analysts
expected $3.65 million. 
    * Acutus Medical Inc's reported EPS for the quarter was a
loss
of 72 cents​.
    * The mean earnings estimate of analysts had fallen by
about 7.4%
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 13.6% this
quarter and
lost 77.7% so far this year.
    * The company reported a quarterly loss of $20.43 million.
    * Wall Street's median 12-month price target for Acutus
Medical
Inc is $2.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
10 at 11:16 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.81          -0.72          Beat
 Jun. 30 2022      -0.80          -1.38          Missed
 Mar. 31 2022      -0.92          -1.00          Missed
 Dec. 31 2021      -0.83          -1.12          Missed