Picture of Anika Therapeutics logo

ANIK Anika Therapeutics News Story

0.000.00%
us flag iconLast trade - 00:00
HealthcareAdventurousSmall CapHigh Flyer

Anika Therapeutics Inc reports results for the quarter ended December 31 - Earnings Summary

Anika Therapeutics Inc ANIK.OQ reported a quarterly adjusted loss of $1.50​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $-4.30.  The mean expectation of two analysts for the quarter was for a loss of 29 cents per share. Wall Street expected results to range from -51 cents to -8 cents per share.

Revenue fell 28.8% to $30.60 million from a year ago; analysts expected $29.00 million.

Anika Therapeutics Inc's reported EPS for the quarter was a loss of $1.50​.

The company reported a quarterly loss of $21.87 million.

Anika Therapeutics Inc shares had risen by 2.0% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 1,866.7% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

The average consensus recommendation for the medical equipment, supplies & distribution peer group is also "strong buy"

Wall Street's median 12-month price target for Anika Therapeutics Inc is $26.50

This summary was machine generated from LSEG data March 12 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Dec. 31 2024-0.29-1.50Missed
Sep. 30 2024-0.01-0.25Missed
Jun. 30 20240.05-0.01Missed
Mar. 31 2024-0.19-0.31Missed

Recent news on Anika Therapeutics

See all news