AVITA Medical (NASDAQ:RCEL) reported its Q3 earnings results on Thursday, November 9, 2023 at 04:01 PM.
Here’s what investors need to know about the announcement.
Earnings
AVITA Medical beat estimated earnings by 22.73%, reporting an EPS of $-0.34 versus an estimate of $-0.44.
Revenue was up $4.55 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.09 which was followed by a 0.99% increase in the share price the next day.
Here’s a look at AVITA Medical’s past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.32 | -0.25 | -0.29 | -0.34 |
| EPS Actual | -0.41 | -0.37 | -0.21 | -0.22 |
| Revenue Estimate | 11.32M | 10.33M | 7.89M | 7.03M |
| Revenue Actual | 11.75M | 10.55M | 9.46M | 9.09M |
To track all earnings releases for AVITA Medical visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
