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

Axonics

01/05/2023 23:02

* Axonics Inc  AXNX.OQ  reported a quarterly adjusted loss
of 19
cents​​ per share for the quarter ended in March. The mean
expectation of ten analysts for the quarter was for a loss of 29
cents per share.
    * Revenue rose 45.9% to $70.65 million from a year ago;
analysts
expected $65.26 million. 
    * Axonics Inc's reported EPS for the quarter was a loss
of 19
cents​.
    * The mean earnings estimate of analysts had risen by
about 12.8%
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 5.3% this quarter and
lost 8.1%
so far this year.
    * The company reported a quarterly loss of $9.25 million.
    * Wall Street's median 12-month price target for Axonics Inc
is
$80.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
1 at 10:01 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.29          -0.19          Beat
 Dec. 31 2022      -0.24          0.01           Beat
 Sep. 30 2022      -0.48          -0.34          Beat
 Jun. 30 2022      -0.54          -0.47          Beat