Olink Holding AB (publ) reports results for the quarter ended in June - Earnings Summary

Olink Holding AB (publ)

09/08/2023 14:33

* Olink Holding AB (publ)  OLK.OQ  reported a quarterly
adjusted
loss of 7 cents​​ per share for the quarter ended in June. The
mean expectation of five analysts for the quarter was for a loss
of 10 cents per share.
    * Revenue rose 7% to $29.44 million from a year ago;
analysts
expected $33.34 million. 
    * Olink Holding AB (publ)'s reported EPS for the quarter was
a
loss of 7 cents​.
    * The mean earnings estimate of analysts had fallen by
about 26.8%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Olink Holding AB (publ) shares had fallen by 13.3% this
quarter and lost 36.0% so far this year.
    * The company reported a quarterly loss of $8.27 million.
    * Wall Street's median 12-month price target for Olink
Holding AB
(publ) is $28.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.10          -0.07          Beat
 Mar. 31 2023      -0.12          -0.11          Beat
 Dec. 31 2022      0.01           0.05           Beat
 Sep. 30 2022      -0.09          -0.01          Beat