Hyperfine Inc reports results for the quarter ended in December - Earnings Summary

Hyperfine

21/03/2024 21:44

* Hyperfine Inc  HYPR.OQ  reported a quarterly adjusted loss
of 15
cents​​ per share for the quarter ended in December, higher than
the same quarter last year, when the company reported EPS of -19
cents.  The mean expectation of three analysts for the quarter
was for a loss of 18 cents per share. Wall Street expected
results to range from -20 cents to -16 cents per share.
    * Revenue rose 88.6% to $2.69 million from a year ago;
analysts
expected $3.71 million. 
    * Hyperfine Inc's reported EPS for the quarter was a loss
of 15
cents​.
    * The company reported a quarterly loss of $10.68 million.
    * Hyperfine Inc shares had risen by 2.7% this quarter.

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 "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the advanced
medical
equipment & technology peer group is also "hold"

Wall Street's median 12-month price target for Hyperfine Inc is
$1.70 
This summary was machine generated from LSEG data March 21 at
09:43 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
 Dec. 31 2023      -0.18          -0.15          Beat
 Sep. 30 2023      -0.16          -0.15          Beat
 Jun. 30 2023      -0.16          -0.15          Beat
 Mar. 31 2023      -0.13          -0.17          Missed