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

RxSight

07/08/2023 23:08

* Rxsight Inc  RXST.OQ  reported a quarterly adjusted loss
of 39
cents​​ per share for the quarter ended in June. The mean
expectation of six analysts for the quarter was for a loss of 47
cents per share.
    * Revenue rose 83.2% to $20.81 million from a year ago;
analysts
expected $19.23 million. 
    * Rxsight Inc's reported EPS for the quarter was a loss
of 40
cents​.
    * The mean earnings estimate of analysts had risen by
about 3.5%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Rxsight Inc shares had risen by 4.4% this quarter and
gained 137.3% so far this year.
    * The company reported a quarterly loss of $13.8 million.
    * Wall Street's median 12-month price target for Rxsight Inc
is
$29.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 7 at 10:08 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.47          -0.39          Beat
 Mar. 31 2023      -0.53          -0.42          Beat
 Dec. 31 2022      -0.75          -0.56          Beat
 Sep. 30 2022      -0.71          -0.61          Beat