BioCardia: Q4 Earnings Insights

BioCardia (NASDAQ:BCDA) reported its Q4 earnings results on Wednesday, March 27, 2024 at 04:00 AM. Here’s what investors…

BioCardia (NASDAQ:BCDA) reported its Q4 earnings results on Wednesday, March 27, 2024 at 04:00 AM.

Here’s what investors need to know about the announcement.

Earnings

BioCardia beat estimated earnings by 18.0%, reporting an EPS of $-0.09 versus an estimate of $-0.11.

Revenue was down $93 thousand from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.0 which was followed by a 6.0% drop in the share price the next day.

Here’s a look at BioCardia’s past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -0.12 -0.16 -0.16 -0.18
EPS Actual -0.12 -0.17 -0.17 -0.16
Revenue Estimate 20K 120K 340K 100K
Revenue Actual 357K 43K 64K 106K

To track all earnings releases for BioCardia visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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