Recap: Establishment Labs Hldgs Q3 Earnings

Establishment Labs Hldgs (NASDAQ:ESTA) reported its Q3 earnings results on Tuesday, November 7, 2023 at 04:00 PM. Here’s…

Establishment Labs Hldgs (NASDAQ:ESTA) reported its Q3 earnings results on Tuesday, November 7, 2023 at 04:00 PM.

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

Earnings

Establishment Labs Hldgs missed estimated earnings by 40.0%, reporting an EPS of $-1.12 versus an estimate of $-0.8.

Revenue was up $261 thousand from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 5.27% drop in the share price the next day.

Here’s a look at Establishment Labs Hldgs’s past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -0.68 -0.68 -0.68 -0.55
EPS Actual -0.65 -0.48 -0.55 -0.76
Revenue Estimate 47.25M 45.45M 43.27M 37.73M
Revenue Actual 48.56M 46.52M 43.81M 38.24M

To track all earnings releases for Establishment Labs Hldgs visit their earnings calendar here.

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

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