Nuwellis Q3 EPS $(1.81) Beats $(3.11) Estimate, Sales $2.41M Beat $2.28M Estimate
Portfolio Pulse from Benzinga Newsdesk
Nuwellis reported Q3 losses of $(1.81) per share, beating the analyst consensus estimate of $(3.11) by 41.8%. This is a 95.11% increase over losses from the same period last year. The company also reported quarterly sales of $2.41 million, beating the analyst consensus estimate of $2.28 million by 5.79%. This is a 16.80% increase over sales from the same period last year.
November 07, 2023 | 1:02 pm
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POSITIVE IMPACT
Nuwellis reported better than expected Q3 results, with losses and sales both beating estimates. This represents a significant improvement over the same period last year.
Nuwellis reported better than expected Q3 results, with losses and sales both beating estimates. This is likely to be viewed positively by the market, potentially leading to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100