CytoSorbents: Q2 Earnings Insights

CytoSorbents: Q2 Earnings Insights

CytoSorbents CTSO reported its Q2 earnings results on Tuesday, August 2, 2022 at 04:15 PM.

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

Earnings

CytoSorbents missed estimated earnings by 92.31%, reporting an EPS of $-0.25 versus an estimate of $-0.13.

Revenue was down $3.53 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.09 which was followed by a 2.75% drop in the share price the next day.

Here's a look at CytoSorbents's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.12 -0.13 -0.12 -0.04
EPS Actual -0.21 -0.21 -0.15 -0.11
Revenue Estimate 9.73M 10.11M 11.02M 12.27M
Revenue Actual 8.69M 10.78M 9.76M 12.02M

To track all earnings releases for CytoSorbents visit their earnings calendar here.

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

Posted In: BZI-RecapsEarnings