AtriCure Inc reports results for the quarter ended in September 30 - Earnings Summary
AtriCure Inc ATRC.OQ reported a quarterly adjusted loss of 17 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -20 cents. The mean expectation of nine analysts for the quarter was for a loss of 19 cents per share. Wall Street expected results to range from -22 cents to -16 cents per share.
Revenue rose 17.9% to $115.91 million from a year ago; analysts expected $112.25 million.
AtriCure Inc's reported EPS for the quarter was a loss of 17 cents.
The company reported a quarterly loss of $7.85 million.
AtriCure Inc shares had risen by 2.5% this quarter and lost 19.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts was unchanged in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
The average consensus recommendation for the medical equipment, supplies & distribution peer group is also "buy"
Wall Street's median 12-month price target for AtriCure Inc is $38.00
This summary was machine generated from LSEG data October 30 at 03:08 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Sep. 30 2024 | -0.19 | -0.17 | Beat |
Jun. 30 2024 | -0.17 | -0.17 | Met |
Mar. 31 2024 | -0.23 | -0.28 | Missed |
Dec. 31 2023 | -0.21 |
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