Establishment Labs Hldgs Q2 EPS $(0.65) Beats $(0.68) Estimate, Sales $48.56M Beat $47.25M Estimate
Portfolio Pulse from mahesh@benzinga.com
Establishment Labs Hldgs (NASDAQ:ESTA) reported Q2 losses of $(0.65) per share, beating the analyst consensus estimate of $(0.68) by 4.41%. This is a 57.24% increase over losses from the same period last year. The company also reported quarterly sales of $48.56 million, beating the analyst consensus estimate of $47.25 million by 2.77%. This is a 17.90% increase over sales from the same period last year.
August 08, 2023 | 8:13 pm
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Establishment Labs Hldgs reported better than expected Q2 results with both EPS and sales beating estimates. This could potentially lead to a positive market reaction.
The company reported better than expected Q2 results, with both EPS and sales beating estimates. This is generally seen as a positive signal by the market and could lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100