Neuroone Medical Technologies Corp reports results for the quarter ended in December - Earnings Summary

Neuroone Medical Technologies

13/02/2024 22:01

* Neuroone Medical Technologies Corp  NMTC.OQ  reported a
quarterly adjusted loss of 14 cents​​ per share for the quarter
ended in December, lower than the same quarter last year, when
the company reported EPS of -11 cents.  The mean expectation of
two analysts for the quarter was for a loss of 14 cents per
share. 
    * Revenue fell 37.7% to $977.65 thousand from a year ago;
analysts
expected $852.00 thousand. 
    * Neuroone Medical Technologies Corp's reported EPS for the
quarter was a loss of 14 cents​.
    * The company reported a quarterly loss of $3.34 million.
    * Neuroone Medical Technologies Corp shares had fallen
by 12.7%
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 "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the advanced
medical
equipment & technology peer group is  "hold."

Wall Street's median 12-month price target for Neuroone Medical
Technologies Corp is $2.67 
This summary was machine generated from LSEG data February 13 at
10:01 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      -0.14          -0.14          Met
 Sep. 30 2023      -0.17          -0.13          Beat
 Jun. 30 2023      -0.20          -0.20          Met
 Mar. 31 2023      -0.20          -0.21          Missed