Outset Medical, Inc. (OM) Reports Q3 Loss, Tops Revenue Estimates
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Outset Medical, Inc. (OM) reported a Q3 loss of $0.39 per share, which was better than the Zacks Consensus Estimate of a $0.42 loss. This is an improvement from the $0.71 loss per share reported a year ago.
November 06, 2024 | 11:45 pm
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Outset Medical reported a Q3 loss of $0.39 per share, beating the Zacks Consensus Estimate of a $0.42 loss. This marks an improvement from the $0.71 loss per share a year ago.
The better-than-expected earnings report, with a smaller loss than anticipated, is likely to have a positive impact on Outset Medical's stock price in the short term. The improvement from the previous year's loss also suggests positive momentum.
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