LENSAR (NASDAQ:LNSR) First Quarter 2024 Results

Key Financial Results

• Revenue: US$10.6m (up 28% from 1Q 2023).

• Net loss: US$2.16m (loss narrowed by 50% from 1Q 2023).

• US$0.19 loss per share (improved from US$0.40 loss in 1Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

LENSAR EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 33%.

Looking ahead, revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Medical Equipment industry in the US.

Performance of the American Medical Equipment industry.

The company's shares are up 16% from a week ago.

Risk Analysis

You should learn about the 4 warning signs we've spotted with LENSAR.

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