Recap: CytoSorbents Q3 Earnings

CytoSorbents (NASDAQ:CTSO) reported its Q3 earnings results on Thursday, November 9, 2023 at 04:15 PM.

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

Earnings

CytoSorbents missed estimated earnings by 75.0%, reporting an EPS of $-0.21 versus an estimate of $-0.12.

Revenue was up $700 thousand from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.03 which was followed by a 7.46% drop in the share price the next day.

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

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -0.11 -0.13 -0.17 -0.16
EPS Actual -0.14 -0.17 -0.01 -0.28
Revenue Estimate 11.03M 8.73M 8.72M 8.98M
Revenue Actual 9.42M 9.45M 9.39M 8.11M

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.

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