Lensar Inc Reports Results For The Quarter Ended In December: Earnings Summary

LENSAR

04/03/2024 15:20

* LENSAR Inc  LNSR.OQ  reported a quarterly adjusted loss
of 35
cents​​ per share for the quarter ended in December, lower than
the same quarter last year, when the company reported EPS of -24
cents.  The lone analyst forecast for the quarter was for a loss
of 22 cents per share. 
    * Revenue rose 18.3% to $12.11 million from a year ago;
analysts
expected $12.00 million. 
    * LENSAR Inc's reported EPS for the quarter was a loss of 35
cents​.
    * The company reported a quarterly loss of $3.92 million.
    * LENSAR Inc shares had risen by 33.9% 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
"strong buy"
and the breakdown of recommendations is 1 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for LENSAR Inc
is
$8.00 

This summary was machine generated from LSEG data March 4 at
03:20 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      -0.22          -0.35          Missed
 Sep. 30 2023      -0.34          -0.23          Beat
 Jun. 30 2023      -0.35          -0.81          Missed
 Mar. 31 2023      -0.27          -0.40          Missed