Asensus Surgical Q2 Adj EPS $(0.09) Misses $(0.08) Estimate, Sales $1.08M Beat $1.07M Estimate
Portfolio Pulse from vinayak@benzinga.com
Asensus Surgical reported Q2 losses of $(0.09) per share, missing the analyst consensus estimate of $(0.08) by 12.5%. This is a 28.57% decrease over losses from the same period last year. However, the company's quarterly sales of $1.08 million beat the analyst consensus estimate of $1.07 million by 1.03%, marking an 8.75% increase over sales from the same period last year.
August 10, 2023 | 8:25 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Asensus Surgical's Q2 earnings per share missed estimates, but sales beat expectations and increased YoY.
Asensus Surgical's Q2 earnings per share missed analyst estimates, which could negatively impact investor sentiment and the stock price. However, the company's sales beat estimates and increased year-over-year, which could offset some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100