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

Venus Concept

15/05/2023 14:32

* Venus Concept Inc  VERO.OQ  reported a quarterly adjusted
loss
of $1.85​​ per share for the quarter ended in March. The mean
expectation of three analysts for the quarter was for a loss of
$2.13 per share.
    * Revenue fell 22.2% to $20.53 million from a year ago;
analysts
expected $18.58 million. 
    * Venus Concept Inc's reported EPS for the quarter was a
loss of
$1.85​.
    * The mean earnings estimate of analysts had fallen by
about 37.1%
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 risen by 30.2% this
quarter and
lost 10.8% so far this year.
    * The company reported a quarterly loss of $9.66 million.
    * Wall Street's median 12-month price target for Venus
Concept Inc
is $24.00 
    * 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 May
15 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -2.13          -1.85          Beat
 Dec. 31 2022      -2.05          -2.10          Missed
 Sep. 30 2022      -2.25          -3.30          Missed
 Jun. 30 2022      -1.01          -2.40          Missed