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Recap: Outset Medical Q4 Earnings

Author: Benzinga Insights | February 21, 2024 05:25pm

Outset Medical (NASDAQ:OM) reported its Q4 earnings results on Wednesday, February 21, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Outset Medical beat estimated earnings by 3.28%, reporting an EPS of $-0.59 versus an estimate of $-0.61.

Revenue was down $1.50 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.03 which was followed by a 14.39% drop in the share price the next day.

Here's a look at Outset Medical's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -0.68 -0.73 -0.74 -0.86
EPS Actual -0.71 -0.69 -0.72 -0.71
Revenue Estimate 30.39M 35.18M 31.76M 30.92M
Revenue Actual 30.36M 36.04M 33.47M 32.01M

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.

Posted In: OM

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