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

Axonics

30/10/2023 21:01

* Axonics Inc  AXNX.OQ  reported quarterly adjusted earnings
of 8
cents​​ per share for the quarter ended in September. The mean
expectation of fourteen analysts for the quarter was for a loss
of 5 cents per share.
    * Revenue rose 32.3% to $93.10 million from a year ago;
analysts
expected $89.59 million. 
    * Axonics Inc's reported EPS for the quarter was 8 cents​.
    * The mean earnings estimate of analysts had fallen by
about 2.5%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Axonics Inc shares had fallen by 12.0% this quarter and
lost 21.0% so far this year.
    * The company reported quarterly net income of $3.93
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
October 30 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      -0.05          0.08           Beat
 Jun. 30 2023      -0.11          0.16           Beat
 Mar. 31 2023      -0.29          -0.19          Beat
 Dec. 31 2022      -0.24          0.01           Beat