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

Vivani Medical

26/03/2024 14:34

* Vivani Medical Inc  VANI.OQ  reported a quarterly adjusted
loss
of 12 cents​​ per share for the quarter ended in December.  The
lone analyst forecast for the quarter was for a loss of 14 cents
per share. 
    * Reported revenue was zero​; analysts expected zero. 
    * Vivani Medical Inc's reported EPS for the quarter was a
loss
of 12 cents​.
    * The company reported a quarterly loss of $6.03 million.
    * Vivani Medical Inc shares had risen by 88.2% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 7.7%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * 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." 
    * Wall Street's median 12-month price target for Vivani
Medical
Inc is $8.00 

This summary was machine generated from LSEG data March 26 at
02:34 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.14          -0.12          Beat
 Sep. 30 2023      -0.13          -0.13          Met
 Jun. 30 2023      -0.11          -0.13          Missed