Sintx Technologies Inc Reports Results For The Quarter Ended In March: Earnings Summary

SINTX Technologies

14/05/2024 01:03

* SINTX Technologies Inc  SINT.OQ  reported a quarterly
adjusted
loss of 5 cents​​ per share for the quarter ended in March,
higher than the same quarter last year, when the company
reported EPS of $-1.54.  The mean expectation of two analysts
for the quarter was for a loss of 7 cents per share. Wall Street
expected results to range from -9 cents to -5 cents per share.
    * Revenue rose 27.5% to $687.00 thousand from a year ago;
analysts
expected $796.00 thousand. 
    * SINTX Technologies Inc's reported EPS for the quarter was
a loss
of 5 cents​.
    * The company reported a quarterly loss of $886 thousand.
    * SINTX Technologies Inc shares had fallen by 19.4% this
quarter and lost 89.5% so far this year.

FORECAST CHANGES
    * 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 medical
equipment,
supplies & distribution peer group is  "hold."

Wall Street's median 12-month price target for SINTX
Technologies Inc is $1.50 
This summary was machine generated from LSEG data May 14 at
12:03 a.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
 Mar. 31 2024      -0.07          -0.05          Beat
 Dec. 31 2023      -0.75          -0.39          Beat
 Sep. 30 2023      -0.76          -0.85          Missed
 Jun. 30 2023      -0.79          -0.84          Missed