AtriCure Inc reports results for the quarter ended in December - Earnings Summary

AtriCure

21/02/2023 22:01

* AtriCure Inc  ATRC.OQ  reported a quarterly adjusted loss
of 9
cents​​ per share for the quarter ended in December. The mean
expectation of seven analysts for the quarter was for a loss
of 18 cents per share.
    * Revenue rose 20.2% to $88.03 million from a year ago;
analysts
expected $87.66 million. 
    * AtriCure Inc's reported EPS for the quarter was a loss
of 9
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.8%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * AtriCure Inc shares had fallen by 9.1% this quarter.
    * The company reported a quarterly loss of $4.17 million.
    * Wall Street's median 12-month price target for AtriCure
Inc is
$56.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
21 at 10:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.18          -0.09          Beat
 Sep. 30 2022      -0.25          -0.27          Missed
 Jun. 30 2022      -0.29          -0.32          Missed
 Mar. 31 2022      -0.32          -0.33          Missed