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

Outset Medical

03/05/2023 22:02

* Outset Medical Inc  OM.OQ  reported a quarterly adjusted
loss
of 90 cents​​ per share for the quarter ended in March. The mean
expectation of six analysts for the quarter was for a loss of 74
cents per share.
    * Revenue rose 9.5% to $33.47 million from a year ago;
analysts
expected $31.76 million. 
    * Outset Medical Inc's reported EPS for the quarter was a
loss
of 90 cents​.
    * The mean earnings estimate of analysts had risen by
about 0.4%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Outset Medical Inc shares had risen by 5.1% this
quarter and
lost 25.1% so far this year.
    * The company reported a quarterly loss of $43.97 million.
    * Wall Street's median 12-month price target for Outset
Medical
Inc is $32.00 
    * 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 LSEG Refinitiv data May
3 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.74          -0.90          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