Dynatronics Corp reports results for the quarter ended in March - Earnings Summary

Dynatronics

09/05/2024 14:51

* Dynatronics Corp  DYNT.OQ  reported a quarterly adjusted
loss
of 17 cents​​ per share for the quarter ended in March, higher
than the same quarter last year, when the company reported EPS
of -36 cents.  The lone analyst forecast for the quarter was
for a loss of 26 cents per share. 
    * Revenue fell 17.1% to $7.66 million from a year ago;
analysts
expected $7.80 million. 
    * Dynatronics Corp's reported EPS for the quarter was a loss
of 17
cents​.
    * The company reported a quarterly loss of $851.39 thousand.
    * Dynatronics Corp shares had risen by 7.0% this quarter and
lost 18.1% so far this year.

FORECAST CHANGES
    * 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.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the advanced
medical
equipment & technology peer group is also "buy"

Wall Street's median 12-month price target for Dynatronics Corp
is $4.00 
This summary was machine generated from LSEG data May 9 at 01:51
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
 Mar. 31 2024      -0.26          -0.17          Beat
 Dec. 31 2023      -0.25          -0.27          Missed
 Sep. 30 2023      -0.23          -0.12          Beat
 Jun. 30 2023      -0.28          -0.63          Missed