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Recap: MiMedx Group Q4 Earnings

Author: Benzinga Insights | February 28, 2024 05:05pm

MiMedx Group (NASDAQ:MDXG) reported its Q4 earnings results on Wednesday, February 28, 2024 at 04:06 PM.

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

Earnings

MiMedx Group missed estimated earnings by -43.0%, reporting an EPS of $0.04 versus an estimate of $0.07.

Revenue was up $12.46 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 4.0% increase in the share price the next day.

Here's a look at MiMedx Group's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0.04 -0.02 -0.09 -0.04
EPS Actual 0.05 0 -0.06 -0.02
Revenue Estimate 78.12M 74.83M 64.15M 74.53M
Revenue Actual 81.71M 81.26M 71.68M 74.38M

To track all earnings releases for MiMedx Group visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: MDXG

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