Outset Medical, Inc. reports results for the quarter ended June 30 - Earnings Summary
Outset Medical, Inc. reports results for the quarter ended June 30 - Earnings Summary
Outset Medical, Inc. OM.OQ reported a quarterly adjusted loss of 80 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -84 cents. The mean expectation of three analysts for the quarter was for a loss of 72 cents per share. Wall Street expected results to range from -79 cents to -63 cents per share.
Revenue rose 0.7% to $31.64 million from a year ago; analysts expected $29.83 million.
Outset Medical, Inc.'s reported EPS for the quarter was a loss of 97 cents.
The company reported a quarterly loss of $17.98 million.
Outset Medical, Inc. shares had risen by 18.5% this quarter and gained 38.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 3.6% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the advanced medical equipment & technology peer group is also "buy"
Wall Street's median 12-month price target for Outset Medical, Inc. is $7.00, about 26.9% above its last closing price of $5.12
This summary was machine generated from LSEG data August 6 at 09:01 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 |
Jun. 30 2026 | -0.72 | -0.80 | Missed |
Mar. 31 2026 | -0.79 | -0.83 | Missed |
Dec. 31 2025 | -0.64 | -0.84 | Missed |
Sep. 30 2025 | -0.65 | -0.69 | Missed |
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