Nyxoah Q3 2023 Gaap EPS $(0.29) Beats $(0.45) Estimate, Sales $1.06M Miss $1.46M Estimate
Portfolio Pulse from saritha@benzinga.com
Nyxoah (NASDAQ:NYXH) reported Q3 2023 GAAP EPS of $(0.29), beating the estimate of $(0.45) by 35.56%. However, the company's sales of $1.06M missed the estimate of $1.46M by 27.26%. Compared to the same period last year, EPS decreased by 20.83% while sales increased by 478.81%.
November 08, 2023 | 10:12 pm
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Nyxoah's Q3 2023 earnings beat EPS estimates but missed on sales. EPS decreased by 20.83% YoY, while sales increased by 478.81% YoY.
Nyxoah's earnings report shows mixed results. While the company beat EPS estimates, which could positively impact the stock, it missed on sales, which could have a negative effect. The YoY decrease in EPS and increase in sales indicate significant changes in the company's financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100