Acutus Medical: Q1 Earnings Insights

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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.

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

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