OptiNose Inc reports results for the quarter ended in June - Earnings Summary

OptiNose

10/08/2023 14:32

* OptiNose Inc  OPTN.OQ  reported quarterly adjusted
earnings of 2
cents​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for a loss of 11
cents per share.
    * Revenue fell 5.5% to $19.45 million from a year ago;
analysts
expected $17.36 million. 
    * OptiNose Inc's reported EPS for the quarter was 2 cents​.
    * The mean earnings estimate of analysts had fallen by
about 30.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * OptiNose Inc shares had fallen by 5.7% this quarter and
lost 37.3% so far this year.
    * The company reported quarterly net income of $2.57
million.
    * Wall Street's median 12-month price target for OptiNose
Inc is
$3.50 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 10 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.11          0.02           Beat
 Mar. 31 2023      -0.14          -0.17          Missed
 Dec. 31 2022      -0.17          -0.17          Met
 Sep. 30 2022      -0.18          -0.18          Met