AtriCure: Q2 Earnings Insights

AtriCure ATRC reported its Q2 earnings results on Tuesday, August 2, 2022 at 04:01 PM.

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

AtriCure missed estimated earnings by 10.34%, reporting an EPS of $-0.32 versus an estimate of $-0.29.

Revenue was up $13.15 million from the same period last year.

Last quarter the company missed on EPS by $0.01 which was followed by a 2.38% drop in the share price the next day.

Here's a look at AtriCure's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	-0.32	-0.29	-0.33	-0.33
EPS Actual	-0.33	-0.30	-0.23	-0.30
Revenue Estimate	71.17M	72.65M	68.68M	61.07M
Revenue Actual	74.58M	73.22M	70.46M	71.38M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

AtriCure management provided guidance for FY 2022, expecting earnings between $-1.12 and $-1.07 per share.

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

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

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