Venus Concept Inc reports results for the quarter ended September 30 - Earnings Summary

• Venus Concept Inc VERO.OQ reported a quarterly adjusted loss of $1.28​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $-1.64. The mean expectation of three analysts for the quarter was for a loss of $1.20 per share. Wall Street expected results to range from $-1.45 to -95 cents per share.

• Revenue fell 14.8% to $15.01 million from a year ago; analysts expected $17.28 million.

• Venus Concept Inc's reported EPS for the quarter was a loss of $1.28​.

• The company reported a quarterly loss of $9.29 million.

• Venus Concept Inc shares had fallen by 39.0% this quarter and lost 68.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the advanced medical equipment & technology peer group is also "hold"

This summary was machine generated from LSEG data November 14 at 04:08 a.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)