Acutus Medical (NASDAQ:AFIB) reported its Q1 earnings results on Thursday, May 12, 2022 at 04:01 PM.
Here's what investors need to know about the announcement.
Earnings
Acutus Medical missed estimated earnings by 8.7%, reporting an EPS of $-1.0 versus an estimate of $-0.92.
Revenue was up $90.00 thousand from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.17 which was followed by a 27.98% drop in the share price the next day.
Here's a look at Acutus Medical's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.83 | -0.87 | -0.84 | -0.81 |
| EPS Actual | -1 | -0.87 | -0.89 | -0.97 |
| Revenue Estimate | 4.21M | 5.68M | 4.15M | 2.77M |
| Revenue Actual | 4.36M | 4.60M | 4.71M | 3.59M |
To track all earnings releases for Acutus Medical visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
