Recap: Outset Medical Q3 Earnings

Outset Medical 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.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsBZI-Recaps
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!