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

AtriCure

04/05/2022 01:00

* AtriCure Inc  ATRC.OQ  reported a quarterly adjusted loss
of 33
cents​​ per share for the quarter ended in March. The mean
expectation of eight analysts for the quarter was for a loss
of 32 cents per share.
    * Revenue rose 25.8% to $74.58 million from a year ago; 
analysts
expected $71.17 million. 
    * AtriCure Inc's reported EPS for the quarter was a loss
of 33
cents​.
    * The mean earnings estimate of analysts had fallen by
about 20.3%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * AtriCure Inc shares had fallen by 16.6% this quarter and
lost 21.3% so far this year.
    * The company reported a quarterly loss of $15.18 million.
    * Wall Street's median 12-month price target for AtriCure
Inc is
$88.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated May 4 at 12:00 a.m.  ​All
figures in US dollars unless otherwise stated