Edap TMS Q2 EPS $(0.14) Misses $(0.05) Estimate, Sales $15.52M Miss $16.73M Estimate
Portfolio Pulse from Benzinga Newsdesk
Edap TMS (NASDAQ:EDAP) reported Q2 losses of $(0.14) per share, missing the analyst consensus estimate of $(0.05) by 180 percent. This is a 333.33 percent decrease over earnings of $0.06 per share from the same period last year. The company also reported quarterly sales of $15.52 million, missing the analyst consensus estimate of $16.73 million by 7.22 percent, but a 3.69 percent increase over sales of $14.97 million the same period last year.
August 24, 2023 | 10:33 am
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EDAP's Q2 earnings and sales missed estimates, which could negatively impact the stock price in the short term.
EDAP's Q2 earnings and sales missed analyst estimates, which is typically a negative signal to investors and could lead to a decrease in the stock price. The decrease in earnings per share compared to the same period last year is also a negative signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100