Edap TMS Q4 EPS $(0.15) Misses $(0.05) Estimate, Sales $21.30M Beat $19.66M Estimate
Portfolio Pulse from Benzinga Newsdesk
Edap TMS (NASDAQ:EDAP) reported Q4 earnings with a loss of $(0.15) per share, missing the $(0.05) estimate by 200%, and a 7.14% decrease from last year. However, their quarterly sales of $21.30M exceeded the $19.66M estimate by 8.34%, marking a 31.55% increase from the previous year.
March 27, 2024 | 11:02 am
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NEUTRAL IMPACT
Edap TMS reported a larger than expected quarterly loss but exceeded sales estimates, indicating mixed financial health.
The larger than expected loss may concern investors, potentially putting downward pressure on the stock. However, the significant sales beat and year-over-year growth could offset concerns by demonstrating the company's ability to generate revenue and grow, leading to a neutral short-term impact.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100