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

AxoGen Inc AXGN.OQ reported quarterly adjusted earnings of 7 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -6 cents.  The mean expectation of six analysts for the quarter was for earnings of 3 cents per share. Wall Street expected results to range from -1 cents to 5 cents per share.

Revenue rose 15.1% to $49.41 million from a year ago; analysts expected $48.57 million.

AxoGen Inc's reported EPS for the quarter was 1 cent​.

The company reported quarterly net income of $450 thousand.

AxoGen Inc shares had risen by 9.3% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 33.3% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

The average consensus recommendation for the advanced medical equipment & technology peer group is also "buy"

Wall Street's median 12-month price target for AxoGen Inc is $22.00

This summary was machine generated from LSEG data February 25 at 02:31 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 20240.030.07Beat
Sep. 30 20240.010.07Beat
Jun. 30 2024-0.040.05Beat
Mar. 31 2024-0.07-0.06Beat

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