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

LENSAR

09/08/2023 13:27

* LENSAR Inc  LNSR.OQ  reported a quarterly adjusted loss
of 81
cents​​ per share for the quarter ended in June. The lone
analyst forecast for the quarter was for a loss of 35 cents per
share.
    * Revenue rose 49.4% to $12.01 million from a year ago;
analysts
expected $10.00 million. 
    * LENSAR Inc's reported EPS for the quarter was a loss of 81
cents​.
    * The mean earnings estimate of analysts had risen by
about 5.4%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * LENSAR Inc shares had fallen by 22.4% this quarter and
gained 11.5% so far this year.
    * The company reported a quarterly loss of $8.75 million.
    * Wall Street's median 12-month price target for LENSAR Inc
is
$8.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 12:27 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.35          -0.81          Missed
 Mar. 31 2023      -0.27          -0.40          Missed
 Dec. 31 2022      -0.25          -0.24          Beat
 Sep. 30 2022      -0.62          -0.39          Beat