AVITA Medical: Q4 Earnings Insights

AVITA Medical RCEL reported its Q4 earnings results on Thursday, February 22, 2024 at 04:01 PM.

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

Earnings

AVITA Medical beat estimated earnings by 24.32%, reporting an EPS of $-0.28 versus an estimate of $-0.37.

Revenue was up $4.74 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.1 which was followed by a 14.27% increase in the share price the next day.

Here's a look at AVITA Medical's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -0.44 -0.32 -0.25 -0.29
EPS Actual -0.34 -0.41 -0.37 -0.21
Revenue Estimate 13.37M 11.32M 10.33M 7.89M
Revenue Actual 13.64M 11.75M 10.55M 9.46M

To track all earnings releases for AVITA Medical visit their earnings calendar here.

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

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