Brief: Eargo Reports Second Quarter 2022 Financial Results

Eargo

08/08/2022 23:34

Eargo Inc  EAR.O :
    * EARGO REPORTS SECOND QUARTER 2022 FINANCIAL RESULTS
    * Q2 REVENUE $7.2 MILLION VERSUS $22.9 MILLION
    * Q2 NON-GAAP LOSS PER SHARE $0.78 EXCLUDING ITEMS
    * Q2 LOSS PER SHARE $0.82
    * DUE TO UNCERTAINTY CREATED IN BUSINESS, COMPANY IS NOT
PROVIDING
FURTHER FINANCIAL GUIDANCE AT THIS TIME
    * CO CONTINUES TO EXPECT ITS CASH BURN IN 2022 TO BE ABOUT
$20
MILLION TO $25 MILLION PER QUARTER, WITH SLIGHT VARIABILITY FROM
QUARTER TO QUARTER

Source text for Eikon:  ID:nGNX2GWHWX 
Further company coverage:  EAR.O