Vivani Medical Inc reports results for the quarter ended in December - Earnings Summary

Reuters03-26

* Vivani Medical Inc reported a quarterly adjusted loss of 12 cents per share for the quarter ended in December. The lone analyst forecast for the quarter was for a loss of 14 cents per share.

* Reported revenue was zero; analysts expected zero.

* Vivani Medical Inc's reported EPS for the quarter was a loss of 12 cents.

* The company reported a quarterly loss of $6.03 million.

* Vivani Medical Inc shares had risen by 88.2% this quarter.

FORECAST CHANGES

* The mean earnings estimate of analysts had fallen by about 7.7% in the last three months.

* In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

* Wall Street's median 12-month price target for Vivani Medical Inc is $8.00

This summary was machine generated from LSEG data March 26 at 02:34 p.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

Dec. 31 2023 -0.14 -0.12 Beat

Sep. 30 2023 -0.13 -0.13 Met

Jun. 30 2023 -0.11 -0.13 Missed

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The lone analyst forecast for the quarter was for a loss of 14 cents per share. </p><p>   * Reported revenue was zero; analysts expected zero. </p><p>   * Vivani Medical Inc's reported EPS for the quarter was a loss of 12 cents.</p><p>   * The company reported a quarterly loss of $6.03 million.</p><p>   * Vivani Medical Inc shares had risen by 88.2% this quarter.</p><p>FORECAST CHANGES</p><p>   * The mean earnings estimate of analysts had fallen by about 7.7% in the last three months. </p><p>   * In the last 30 days, one analyst negatively revised an earnings estimate</p><p>RECOMMENDATIONS</p><p>   * The current average analyst rating on the shares is \"buy\" and the breakdown of recommendations is 1 \"strong buy\" or \"buy,\" no \"hold\" and no \"sell\" or \"strong sell.\" </p><p>   * Wall Street's median 12-month price target for Vivani Medical Inc is $8.00 </p><p>This summary was machine generated from LSEG data March 26 at 02:34 p.m. UTC. 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The lone analyst forecast for the quarter was for a loss of 14 cents per share.  ...</p>\n\n<a href=\"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"VANI","symbol_name":"Vivani Medical, Inc.","start_time":0,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2422614998","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2422614998","pubTimestamp":1711463672,"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"* Vivani Medical Inc    reported a quarterly adjusted loss of 12 cents per share for the quarter ended in December.  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