AquaBounty Technologies Inc reports results for the quarter ended in March - Earnings Summary

Aquabounty Technologies

04/05/2023 15:22

* AquaBounty Technologies Inc  AQB.OQ  reported a quarterly
adjusted loss of 9 cents​​ per share for the quarter ended in
March. The mean expectation of three analysts for the quarter
was for a loss of 8 cents per share.
    * Revenue fell 58.7% to $397.85 thousand from a year ago;
analysts
expected $750.00 thousand. 
    * AquaBounty Technologies Inc's reported EPS for the quarter
was a
loss of 9 cents​.
    * The mean earnings estimate of analysts had risen by
about 11.1%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * AquaBounty Technologies Inc shares had fallen by 7.2% this
quarter and lost 27.8% so far this year.
    * The company reported a quarterly loss of $6.49 million.
    * Wall Street's median 12-month price target for AquaBounty
Technologies Inc is $2.75 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
4 at 02:22 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.08          -0.09          Missed
 Dec. 31 2022      -0.08          -0.08          Met
 Sep. 30 2022      -0.09          -0.08          Beat
 Jun. 30 2022      -0.09          -0.08          Beat