Establishment Labs Holdings Inc. (ESTA) Reports Q3 Loss, Misses Revenue Estimates
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Establishment Labs Holdings Inc. (ESTA) reported a Q3 loss of $0.59 per share, which was better than the Zacks Consensus Estimate of a $0.61 loss. However, the company missed revenue estimates.
November 07, 2024 | 11:30 pm
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Establishment Labs Holdings Inc. reported a Q3 loss of $0.59 per share, better than the expected $0.61 loss, but missed revenue estimates. This mixed result may lead to short-term volatility in the stock price.
The better-than-expected EPS loss is a positive sign, but missing revenue estimates could concern investors. This mixed outcome may result in short-term stock price volatility as the market digests the news.
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