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

ConforMIS

07/08/2023 12:59

* Conformis Inc  CFMS.OQ  reported a quarterly adjusted loss
of
$1.78​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for a loss of
$1.28 per share.
    * Revenue fell 14.9% to $13.02 million from a year ago;
analysts
expected $12.39 million. 
    * Conformis Inc's reported EPS for the quarter was a loss of
$1.78​.
    * The mean earnings estimate of analysts had risen by
about 4.6%
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 risen by 2.3% this quarter and
lost 32.5% so far this year.
    * The company reported a quarterly loss of $13.01 million.
    * Wall Street's median 12-month price target for Conformis
Inc is
$2.27 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 7 at 11:59 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -1.28          -1.78          Missed
 Mar. 31 2023      -1.39          -1.32          Beat
 Dec. 31 2022      -1.79          -0.51          Beat
 Sep. 30 2022      -1.83          -2.00          Missed