MiMedx Group Inc reports results for the quarter ended in September - Earnings Summary

MiMedx

30/10/2023 21:01

* MiMedx Group Inc  MDXG.OQ  reported quarterly adjusted
earnings
of 6 cents​​ per share for the quarter ended in September. The
mean expectation of five analysts for the quarter was
for earnings of 4 cents per share.
    * Revenue rose 20.7% to $81.71 million from a year ago;
analysts
expected $77.94 million. 
    * MiMedx Group Inc's reported EPS for the quarter was 6
cents​.
    * The mean earnings estimate of analysts had risen by
about 57.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * MiMedx Group Inc shares had fallen by 15.6% this
quarter and
gained 121.2% so far this year.
    * The company reported quarterly net income of $6.76
million.
    * Wall Street's median 12-month price target for MiMedx
Group Inc
is $12.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 30 at 09:00 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.04           0.06           Beat
 Jun. 30 2023      -0.02          0.00           Beat
 Mar. 31 2023      -0.09          -0.06          Beat
 Dec. 31 2022      -0.04          -0.02          Beat