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

ConforMIS

08/08/2022 23:45

* Conformis Inc  CFMS.OQ  reported a quarterly adjusted loss
of 9
cents​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for a loss
of 8 cents per share.
    * Revenue fell 72.9% to $15.30 million from a year ago;
analysts
expected $15.15 million. 
    * Conformis Inc's reported EPS for the quarter was a loss
of 9
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Conformis Inc shares had fallen by 20.9% this quarter and
lost 63.2% so far this year.
    * The company reported a quarterly loss of $15.52 million.
    * Wall Street's median 12-month price target for Conformis
Inc is
$2.00 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 3 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 8
at 10:45 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.08          -0.09          Missed
 Mar. 31 2022      -0.07          -0.09          Missed
 Dec. 31 2021      -0.07          -0.09          Missed
 Sep. 30 2021      -0.06          -0.07          Missed