Recap: Edap TMS Q3 Earnings
Portfolio Pulse from Benzinga Insights
Edap TMS (NASDAQ:EDAP) reported its Q3 earnings results, with an in-line EPS of $-0.11, matching the estimate. Revenue was up $429 thousand from the same period last year. Last quarter, the company missed on EPS by $0.09, which was followed by a 0.74% increase in the share price the next day.
November 09, 2023 | 11:10 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Edap TMS reported Q3 earnings in line with estimates, and a YoY revenue increase. Despite missing EPS last quarter, share price increased.
Edap TMS's Q3 earnings were in line with estimates, which is generally a positive sign, but the market has likely already priced this in. The YoY revenue increase is a positive sign of growth. Despite missing EPS last quarter, the share price increased, indicating that the market may not be heavily weighing EPS misses. Therefore, the short term impact is neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100