Nuwellis, Inc. (NUWE) Q3 Earnings Surpass Estimates
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Nuwellis, Inc. (NUWE) reported Q3 earnings of $1.74 per share, surpassing the Zacks Consensus Estimate of a loss of $0.88 per share. This marks a significant improvement from a loss of $63.29 per share a year ago.
November 11, 2024 | 3:30 pm
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Nuwellis, Inc. (NUWE) reported impressive Q3 earnings of $1.74 per share, significantly exceeding expectations and marking a major turnaround from last year's loss.
The significant earnings beat and turnaround from a large loss to a profit is likely to positively impact NUWE's stock price in the short term. Investors may view this as a sign of strong company performance and potential future growth.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100