Outset Medical (NASDAQ:OM) reported its Q3 earnings results on Tuesday, November 7, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Outset Medical missed estimated earnings by 4.41%, reporting an EPS of $-0.71 versus an estimate of $-0.68.
Revenue was up $2.60 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.04 which was followed by a 10.18% drop in the share price the next day.
Here’s a look at Outset Medical’s past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.73 | -0.74 | -0.86 | -0.81 |
| EPS Actual | -0.69 | -0.72 | -0.71 | -0.70 |
| Revenue Estimate | 35.18M | 31.76M | 30.92M | 25.22M |
| Revenue Actual | 36.04M | 33.47M | 32.01M | 27.76M |
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.
