Recap: Hyperfine Q3 Earnings

Hyperfine (NASDAQ:HYPR) reported its Q3 earnings results on Thursday, November 9, 2023 at 04:05 PM. Here’s what investors…

Hyperfine (NASDAQ:HYPR) reported its Q3 earnings results on Thursday, November 9, 2023 at 04:05 PM.

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

Earnings

Hyperfine beat estimated earnings by 6.25%, reporting an EPS of $-0.15 versus an estimate of $-0.16.

Revenue was down $18 thousand from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 2.13% drop in the share price the next day.

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

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -0.16 -0.13 -0.22 -0.26
EPS Actual -0.15 -0.17 -0.19 -0.19
Revenue Estimate 2.80M 2.10M 2.25M 1.55M
Revenue Actual 3.38M 2.63M 1.42M 2.35M

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

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

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