Outset Medical Inc reports results for the quarter ended in December - Earnings Summary

Outset Medical

13/02/2023 22:01

* Outset Medical Inc  OM.OQ  reported a quarterly adjusted
loss
of 86 cents​​ per share for the quarter ended in December. The
mean expectation of six analysts for the quarter was for a loss
of 86 cents per share.
    * Revenue rose 13.7% to $32.01 million from a year ago;
analysts
expected $30.92 million. 
    * Outset Medical Inc's reported EPS for the quarter was a
loss
of 86 cents​.
    * The mean earnings estimate of analysts had fallen by
about 7.8%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Outset Medical Inc shares had risen by 10.7% this quarter.
    * The company reported a quarterly loss of $41.44 million.
    * Wall Street's median 12-month price target for Outset
Medical
Inc is $31.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
13 at 10:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.86          -0.86          Met
 Sep. 30 2022      -0.81          -0.85          Missed
 Jun. 30 2022      -0.70          -0.92          Missed
 Mar. 31 2022      -0.72          -0.78          Missed