Acutus Medical AFIB reported its Q1 earnings results on Thursday, May 11, 2023 at 04:01 PM.
Here's what investors need to know about the announcement.
Earnings
Acutus Medical beat estimated earnings by 14.49%, reporting an EPS of $-0.59 versus an estimate of $-0.69.
Revenue was up $489 thousand from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.23 which was followed by a 7.4% drop in the share price the next day.
Here's a look at Acutus Medical's past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.71 | -0.81 | -0.80 | -0.92 |
| EPS Actual | -0.48 | -0.70 | -0.93 | -1 |
| Revenue Estimate | 4.32M | 3.65M | 3.84M | 3.13M |
| Revenue Actual | 4.96M | 3.64M | 4.08M | 3.68M |
To track all earnings releases for Acutus Medical visit their earnings calendar here.
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Posted In: EarningsBZI-Recaps