Koru Medical Systems Inc Reports Results For The Quarter Ended In September: Earnings Summary

Koru Medical Systems

09/11/2022 22:03

* KORU Medical Systems Inc  KRMD.OQ  reported a quarterly
adjusted
loss of 3 cents​​ per share for the quarter ended in September.
The mean expectation of three analysts for the quarter was for a
loss of 5 cents per share.
    * Revenue rose 28.5% to $7.76 million from a year ago;
analysts
expected $6.77 million. 
    * KORU Medical Systems Inc's reported EPS for the quarter
was a
loss of 3 cents​.
    * 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. 
    * KORU Medical Systems Inc shares had risen by 3.6% this
quarter and lost 23.0% so far this year.
    * The company reported a quarterly loss of $1.23 million.
    * Wall Street's median 12-month price target for KORU
Medical
Systems Inc is $3.00 
    * 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." 

This summary was machine generated from Refinitiv data November
9 at 10:03 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.05          -0.03          Beat
 Jun. 30 2022      -0.07          -0.07          Met
 Mar. 31 2022      -0.06          -0.06          Met
 Dec. 31 2021      -0.03          -0.02          Beat