AtriCure: Q1 Earnings Snapshot
By AP News
Published - May 02, 2023, 04:24 PM ET
Last Updated - Jun 21, 2023, 11:47 PM EDT
MASON, Ohio (AP) — MASON, Ohio (AP) — AtriCure Inc. (ATRC) on Tuesday reported a loss of $6.5 million in its first quarter.
On a per-share basis, the Mason, Ohio-based company said it had a loss of 14 cents. Losses, adjusted for non-recurring gains, came to 23 cents per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 34 cents per share.
The medical device maker posted revenue of $93.5 million in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $87.4 million.
