Vicarious Surgical Q3 Adj EPS $(0.12) Beats $(0.15) Estimate
Portfolio Pulse from bharat@benzinga.com
Vicarious Surgical (NYSE:RBOT) reported a Q3 adjusted EPS loss of $(0.12), surpassing analyst expectations of $(0.15) by 20%. The result marks a 33.33% improvement from the $(0.18) per share loss reported in the same quarter of the previous year.
November 13, 2023 | 9:20 pm
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Vicarious Surgical reported a smaller-than-expected Q3 loss of $0.12 per share, beating estimates by 20% and showing a year-over-year improvement.
Beating earnings estimates typically has a positive effect on a company's stock price in the short term. The improvement from the previous year's loss indicates progress in the company's financial performance, which can be viewed favorably by investors.
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