Recap: Outset Medical Q2 Earnings

Recap: Outset Medical Q2 Earnings

Outset Medical OM reported its Q2 earnings results on Monday, August 1, 2022 at 10:00 AM.

Here's what investors need to know about the announcement.

Earnings

Outset Medical missed estimated earnings by 10.0%, reporting an EPS of $-0.77 versus an estimate of $-0.7.

Revenue was down $159 thousand from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.05 which was followed by a 18.5% drop in the share price the next day.

Here's a look at Outset Medical's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.72 -0.77 -0.73 -0.69
EPS Actual -0.67 -0.77 -0.65 -0.66
Revenue Estimate 30.11M 26.42M 25.12M 23.49M
Revenue Actual 30.55M 28.15M 26.32M 25.22M

To track all earnings releases for Outset Medical visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings