Cosmos Health posts record preliminary Q2 revenue
Cosmos Health posts record preliminary Q2 revenue
Overview
US healthcare group posts preliminary Q2 revenue of approximately $19.4 mln, up 31.5% year-over-year
Company repurchased 3.64 mln shares for about $700,000 under $5 mln buyback program
Outlook
Company did not provide specific guidance for future quarters or full-year results
Result Drivers
BUSINESS EXECUTION - CEO attributed record revenue to ongoing execution across the company's platform
Company press release: ID:nGNXbyBrYw
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue |
| $19.40 mln |
|
Analyst Coverage
Wall Street's median 12-month price target for Cosmos Health Inc is $4.50, about 1,567.3% above its July 6 closing price of $0.27
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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