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

Axonics

01/03/2023 22:02

* Axonics Inc  AXNX.OQ  reported quarterly adjusted earnings
of 1
cent​​ per share for the quarter ended in December. The mean
expectation of nine analysts for the quarter was for a loss
of 24 cents per share.
    * Revenue rose 61.7% to $85.92 million from a year ago;
analysts
expected $83.20 million. 
    * Axonics Inc's reported EPS for the quarter was 1 cent​.
    * The mean earnings estimate of analysts had fallen by
about 50%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Axonics Inc shares had fallen by 3.9% this quarter.
    * The company reported quarterly net income of $655
thousand.
    * Wall Street's median 12-month price target for Axonics Inc
is
$84.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data March 1
at 10:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.24          0.01           Beat
 Sep. 30 2022      -0.48          -0.34          Beat
 Jun. 30 2022      -0.54          -0.47          Beat
 Mar. 31 2022      -0.63          -0.50          Beat