Bioventus Q1 2024 Adj EPS $0.07 Beats $(0.07) Estimate, Sales $129.457M Beat $118.380M Estimate
Portfolio Pulse from Benzinga Newsdesk
Bioventus (NASDAQ:BVS) reported Q1 2024 earnings of $0.07 per share, surpassing the $(0.07) estimate, marking a 200% beat and a 126.92% increase from last year's losses. Sales reached $129.457M, exceeding estimates by 9.36% and showing an 8.73% year-over-year growth.
May 07, 2024 | 11:08 am
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Bioventus reported a significant beat on both EPS and sales for Q1 2024, with EPS at $0.07 against a $(0.07) estimate and sales of $129.457M beating the $118.380M estimate.
Bioventus's significant beat on both earnings per share and sales estimates for Q1 2024 indicates a strong financial performance and operational efficiency, likely leading to positive investor sentiment and potential stock price appreciation in the short term.
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IMPORTANCE 90
RELEVANCE 100