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

Venus Concept

10/11/2022 22:48

* Venus Concept Inc  VERO.OQ  reported a quarterly adjusted
loss
of 22 cents​​ per share for the quarter ended in September. The
mean expectation of four analysts for the quarter was for a loss
of 15 cents per share.
    * Revenue fell 12.3% to $21.54 million from a year ago;
analysts
expected $22.14 million. 
    * Venus Concept Inc's reported EPS for the quarter was a
loss
of 22 cents​.
    * The mean earnings estimate of analysts had fallen by
about 140%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Venus Concept Inc shares had fallen by 50.1% this
quarter and
lost 87.1% so far this year.
    * The company reported a quarterly loss of $14.61 million.
    * Wall Street's median 12-month price target for Venus
Concept Inc
is $1.63 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
10 at 10:47 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.15          -0.22          Missed
 Jun. 30 2022      -0.07          -0.16          Missed
 Mar. 31 2022      -0.09          -0.13          Missed
 Dec. 31 2021      -0.10          -0.08          Beat