Acutus Medical (NASDAQ:AFIB) reported its Q2 earnings results on Thursday, August 11, 2022 at 04:01 PM.
Here’s what investors need to know about the announcement.
Earnings
Acutus Medical missed estimated earnings by 16.25%, reporting an EPS of $-0.93 versus an estimate of $-0.8.
Revenue was down $633 thousand from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.08 which was followed by a 5.65% drop in the share price the next day.
Here’s a look at Acutus Medical’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.92 | -0.83 | -0.87 | -0.84 |
| EPS Actual | -1 | -1 | -0.87 | -0.89 |
| Revenue Estimate | 3.13M | 4.21M | 5.68M | 4.15M |
| Revenue Actual | 3.68M | 4.36M | 4.60M | 4.71M |
To track all earnings releases for Acutus Medical visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
