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

Somalogic

28/03/2023 22:55

* Somalogic Inc  SLGC.OQ  reported a quarterly adjusted loss
of 26
cents​​ per share for the quarter ended in December. The mean
expectation of four analysts for the quarter was for a loss
of 21 cents per share.
    * Revenue fell 18.1% to $18.83 million from a year ago;
analysts
expected $16.55 million. 
    * Somalogic Inc's reported EPS for the quarter was a loss
of 26
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Somalogic Inc shares had fallen by 6.0% this quarter.
    * The company reported a quarterly loss of $49.25 million.
    * Wall Street's median 12-month price target for Somalogic
Inc is
$7.00 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 4 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
March 28 at 09:54 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.21          -0.26          Missed
 Sep. 30 2022      -0.20          -0.18          Beat
 Jun. 30 2022      -0.18          -0.13          Beat
 Mar. 31 2022      -0.16          -0.02          Beat