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

Axonics

27/07/2023 22:02

* Axonics Inc  AXNX.OQ  reported quarterly adjusted earnings
of 16
cents​​ per share for the quarter ended in June. The mean
expectation of fourteen analysts for the quarter was for a loss
of 11 cents per share.
    * Revenue rose 34.7% to $92.89 million from a year ago;
analysts
expected $86.51 million. 
    * Axonics Inc's reported EPS for the quarter was a loss
of 15
cents​.
    * The mean earnings estimate of analysts had risen by
about 12.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Axonics Inc shares had risen by 7.6% this quarter and
lost 13.2%
so far this year.
    * The company reported a quarterly loss of $7.34 million.
    * Wall Street's median 12-month price target for Axonics Inc
is
$75.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 13 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
27 at 09:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.11          0.16           Beat
 Mar. 31 2023      -0.29          -0.19          Beat
 Dec. 31 2022      -0.24          0.01           Beat
 Sep. 30 2022      -0.48          -0.34          Beat