Recap: Outset Medical Q1 Earnings

Outset Medical 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.

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