DarioHealth Corp reports results for the quarter ended in September 30 - Earnings Summary

Reuters
07 Nov 2024
DarioHealth0.00%Post-market
  • DarioHealth Corp DRIO.OQ reported a quarterly adjusted loss of 25 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -49 cents. The mean expectation of three analysts for the quarter was for a loss of 27 cents per share. Wall Street expected results to range from -35 cents to -16 cents per share.

  • Revenue rose 111% to $7.42 million from a year ago; analysts expected $7.40 million.

  • DarioHealth Corp's reported EPS for the quarter was a loss of 25 cents​.

  • The company reported a quarterly loss of $14.61 million.

  • DarioHealth Corp shares had fallen by 13.8% this quarter and lost 43.9% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had risen by about 32.5% 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 3 "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 DarioHealth Corp is $3.50

This summary was machine generated from LSEG data November 7 at 08:43 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

Sep. 30 2024

-0.27

-0.25

Beat

Jun. 30 2024

-0.55

-0.08

Beat

Mar. 31 2024

-0.40

-0.20

Beat

Jan. 1 0001

-0.55

-0.50

Beat

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