DarioHealth Corp reports results for the quarter ended in September 30 - Earnings Summary

DarioHealth

07/11/2024 20:43

* DarioHealth Corp  DRIO.OQ  reported a quarterly adjusted
loss
of 25 cents​​ per share for the quarter ended September 30,
higher than the same quarter last year, when the company
reported EPS of -49 cents.  The mean expectation of
three analysts for the quarter was for a loss of 27 cents per
share. Wall Street expected results to range from -35 cents
to -16 cents per share.
    * Revenue rose 111% to $7.42 million from a year ago;
analysts
expected $7.40 million. 
    * DarioHealth Corp's reported EPS for the quarter was a loss
of 25
cents​.
    * The company reported a quarterly loss of $14.61 million.
    * DarioHealth Corp shares had fallen by 13.8% this
quarter and
lost 43.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 32.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the medical
equipment,
supplies & distribution peer group is also "buy"

Wall Street's median 12-month price target for DarioHealth Corp
is $3.50 
This summary was machine generated from LSEG data November 7 at
08:43 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      -0.27          -0.25          Beat
 Jun. 30 2024      -0.55          -0.08          Beat
 Mar. 31 2024      -0.40          -0.20          Beat
 Jan. 1 0001       -0.55          -0.50          Beat