Ocean Biomedical Inc reports results for the quarter ended in September - Earnings Summary

Ocean Biomedical

16/04/2024 22:01

* Ocean Biomedical Inc  OCEA.OQ  reported a quarterly
adjusted
loss of 53 cents​​ per share for the quarter ended in
September.  The lone analyst forecast for the quarter was for a
loss of 15 cents per share. 
    * Reported revenue was zero​; analysts expected zero. 
    * Ocean Biomedical Inc's reported EPS for the quarter was a
loss
of 53 cents​.
    * The company reported a quarterly loss of $14.09 million.
    * Ocean Biomedical Inc shares had fallen by 49.8% this
quarter and
gained 187.9% so far this year.

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
    * 

This summary was machine generated from LSEG data April 16 at
09:00 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
 Sep. 30 2023      -0.15          -0.53          Missed
 Jun. 30 2023      -0.20          -0.39          Missed
 Mar. 31 2023      -0.17          -0.06          Beat
                                  0.43