Organovo Holdings Inc reports results for the quarter ended in June - Earnings Summary

VivoSim Labs

08/08/2024 22:02

* Organovo Holdings Inc  ONVO.OQ  reported a quarterly
adjusted
loss of 23 cents​​ per share for the quarter ended in June.  The
lone analyst forecast for the quarter was for a loss of 33 cents
per share. 
    * Revenue was $25.00 thousand​; analysts expected $30.00
thousand. 
    * Organovo Holdings Inc's reported EPS for the quarter was a
loss
of 23 cents​.
    * Organovo Holdings Inc shares had fallen by 28.1% this
quarter and lost 50.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 13.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 
    * Wall Street's median 12-month price target for Organovo
Holdings
Inc is $6.10 

This summary was machine generated from LSEG data August 8 at
09:01 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
 Jun. 30 2024      -0.33          -0.23          Beat
 Mar. 31 2024      -0.42          -0.29          Beat
 Dec. 31 2023      -0.44          -0.40          Beat
 Sep. 30 2023      -0.43          -0.46          Missed