AVITA Medical (NASDAQ:RCEL) reported its Q2 earnings results on Monday, February 28, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
AVITA Medical beat estimated earnings by 12.82%, reporting an EPS of $-0.34 versus an estimate of $-0.39.
Revenue was up $1.83 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.14 which was followed by a 11.76% drop in the share price the next day.
Here's a look at AVITA Medical's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.38 | -0.29 | -0.33 | -0.43 |
| EPS Actual | -0.24 | -0.19 | -0.26 | -0.26 |
| Revenue Estimate | 7.10M | 7.88M | 6.37M | 5.60M |
| Revenue Actual | 7.02M | 10.30M | 8.77M | 5.10M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
