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

Venus Concept

14/08/2023 22:01

* Venus Concept Inc  VERO.OQ  reported a quarterly adjusted
loss
of $1.35​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for a loss of
$1.54 per share.
    * Revenue fell 26.4% to $20.08 million from a year ago;
analysts
expected $20.67 million. 
    * Venus Concept Inc's reported EPS for the quarter was a
loss of
$1.35​.
    * The mean earnings estimate of analysts had risen by
about 6.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Venus Concept Inc shares had fallen by 2.4% this
quarter and
lost 57.3% so far this year.
    * The company reported a quarterly loss of $7.41 million.
    * Wall Street's median 12-month price target for Venus
Concept Inc
is $13.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 14 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -1.54          -1.35          Beat
 Mar. 31 2023      -2.13          -1.85          Beat
 Dec. 31 2022      -2.05          -2.10          Missed
 Sep. 30 2022      -2.25          -3.30          Missed