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AtriCure Inc reports results for the quarter ended in September 30 - Earnings Summary



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  • AtriCure Inc ATRC.OQ reported a quarterly adjusted loss of 17 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -20 cents. The mean expectation of nine analysts for the quarter was for a loss of 19 cents per share. Wall Street expected results to range from -22 cents to -16 cents per share.

  • Revenue rose 17.9% to $115.91 million from a year ago; analysts expected $112.25 million.

  • AtriCure Inc's reported EPS for the quarter was a loss of 17 cents​.

  • The company reported a quarterly loss of $7.85 million.

  • AtriCure Inc shares had risen by 2.5% this quarter and lost 19.4% 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 "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

  • The average consensus recommendation for the medical equipment, supplies & distribution peer group is also "buy"

Wall Street's median 12-month price target for AtriCure Inc is $38.00

This summary was machine generated from LSEG data October 30 at 03:08 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)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Sep. 30 2024

-0.19

-0.17

Beat

Jun. 30 2024

-0.17

-0.17

Met

Mar. 31 2024

-0.23

-0.28

Missed

Dec. 31 2023

-0.21

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