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

ConforMIS

08/05/2023 14:32

* Conformis Inc  CFMS.OQ  reported a quarterly adjusted loss
of
$1.32​​ per share for the quarter ended in March. The mean
expectation of two analysts for the quarter was for a loss of
$1.39 per share.
    * Revenue fell 17.5% to $12.84 million from a year ago;
analysts
expected $12.57 million. 
    * Conformis Inc's reported EPS for the quarter was a loss of
$1.32​.
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Conformis Inc shares had fallen by 17.4% this quarter and
lost 59.9% so far this year.
    * The company reported a quarterly loss of $9.57 million.
    * Wall Street's median 12-month price target for Conformis
Inc is
$28.00 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
8 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      -1.92          -2.25          Missed