TransMedics: Q1 Earnings Snapshot
By AP News
Published - May 01, 2023, 04:35 PM ET
Last Updated - Jun 22, 2023, 12:22 AM EDT
ANDOVER, Mass. (AP) — ANDOVER, Mass. (AP) — TransMedics Group Inc. (TMDX) on Monday reported a loss of $2.6 million in its first quarter.
The Andover, Massachusetts-based company said it had a loss of 8 cents per share.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 25 cents per share.
The medical technology company posted revenue of $41.6 million in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $34.7 million.
