Outset Medical (NASDAQ:OM) reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Outset Medical beat estimated earnings by 2.7%, reporting an EPS of $-0.72 versus an estimate of $-0.74.
Revenue was up $2.92 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.15 which was followed by a 5.94% drop in the share price the next day.
Here’s a look at Outset Medical’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.86 | -0.81 | -0.70 | -0.72 |
| EPS Actual | -0.71 | -0.70 | -0.77 | -0.67 |
| Revenue Estimate | 30.92M | 25.22M | 27.49M | 30.11M |
| Revenue Actual | 32.01M | 27.76M | 25.06M | 30.55M |
To track all earnings releases for Outset Medical visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
