Icecure Medical FY EPS $(0.32), Inline, Sales $3.23M Beat $3.14M Estimate
Portfolio Pulse from Benzinga Newsdesk
Icecure Medical (NASDAQ:ICCM) reported a FY EPS of $(0.32), meeting analyst consensus estimates and marking a 30.43% improvement over last year's $(0.46) per share. Quarterly sales reached $3.23M, exceeding the $3.14M estimate by 2.83% and showing a 4.67% increase from the previous year.
April 03, 2024 | 12:33 pm
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Icecure Medical reported a FY EPS of $(0.32), in line with estimates, and a 30.43% improvement over last year. Quarterly sales of $3.23M exceeded estimates, showing a 4.67% increase YOY.
Meeting EPS estimates and exceeding sales forecasts, especially with year-over-year improvements, is generally viewed positively by the market. This performance indicates operational efficiency and growth, likely leading to a positive short-term impact on ICCM's stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100