Quantum-Si Inc reports results for the quarter ended in December - Earnings Summary

Quantum-Si

29/02/2024 23:15

* Quantum-Si Inc  QSI.OQ  reported a quarterly adjusted loss
of 16
cents​​ per share for the quarter ended in December, higher than
the same quarter last year, when the company reported EPS of -24
cents.  The mean expectation of two analysts for the quarter was
for a loss of 18 cents per share. Wall Street expected
results to range from -20 cents to -16 cents per share.
    * Revenue was $400.00 thousand​; analysts expected $299.50
thousand. 
    * Quantum-Si Inc's reported EPS for the quarter was a loss
of 16
cents​.
    * The company reported a quarterly loss of $22.05 million.
    * Quantum-Si Inc shares had fallen by 13.4% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 10% 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 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the biotechnology
&
medical research peer group is  "hold."

Wall Street's median 12-month price target for Quantum-Si Inc is
$2.25 
This summary was machine generated from LSEG data February 29 at
11:15 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
 Dec. 31 2023      -0.18          -0.16          Beat
 Sep. 30 2023      -0.19          -0.17          Beat
 Jun. 30 2023      -0.20          -0.18          Beat
 Mar. 31 2023      -0.19          -0.17          Beat