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

Tenon Medical

09/08/2023 11:19

* Tenon Medical Inc  TNON.OQ  reported a quarterly adjusted
loss
of 33 cents​​ per share for the quarter ended in June. The lone
analyst forecast for the quarter was for a loss of 38 cents per
share.
    * Revenue rose 450.4% to $743.00 thousand from a year ago;
analysts expected $1.00 million. 
    * Tenon Medical Inc's reported EPS for the quarter was a
loss
of 33 cents​.
    * The mean earnings estimate of analysts had fallen by
about 5.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Tenon Medical Inc shares had risen by 5.4% this
quarter and
lost 81.6% so far this year.
    * The company reported a quarterly loss of $4.29 million.
    * Wall Street's median 12-month price target for Tenon
Medical Inc
is $3.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 10:19 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.38          -0.33          Beat
 Mar. 31 2023      -0.37          -0.43          Missed
 Dec. 31 2022      -0.70          -0.70          Met
 Sep. 30 2022      -0.47          -0.28          Beat