Hyperfine Inc reports results for the quarter ended September 30 - Earnings Summary

Hyperfine

13/11/2024 14:25

* Hyperfine Inc  HYPR.OQ  reported a quarterly adjusted loss
of 14
cents​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of -15 cents.  The mean expectation of three analysts for the
quarter was for a loss of 14 cents per share. 
    * Revenue rose 56.4% to $3.64 million from a year ago;
analysts
expected $3.30 million. 
    * Hyperfine Inc's reported EPS for the quarter was a loss
of 14
cents​.
    * The company reported a quarterly loss of $10.33 million.
    * Hyperfine Inc shares had fallen by 13.8% this quarter and
lost 16.9% 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 "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
$1.20 
This summary was machine generated from LSEG data November 13 at
02:25 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      -0.14          -0.14          Met
 Jun. 30 2024      -0.14          -0.14          Met
 Mar. 31 2024      -0.15          -0.14          Beat
 Dec. 31 2023                     -0.15