Trade with Eva: Analytics in action >>

Monday, October 30, 2023

------Pulmonx (LUNG) reported earnings on Mon 30 Oct 23 (a/h)

 

Pulmonx beats by $0.04, beats on revs; raises FY23 revs outlook 
  • Reports Q3 (Sep) loss of $0.39 per share, $0.04 better than the FactSet Consensus of ($0.43); revenues rose 30.9% year/year to $17.67 mln vs the $16.67 mln FactSet Consensus.
  • Co issues upside guidance for FY23, sees FY23 revs of $67-$68 mln (from $64-$66 mln) vs. $65.95 mln FactSet Consensus.
    • Pulmonx also continues to expect total operating expenses for the full year 2023 to fall within the range of $112 million to $114 million, inclusive of approximately $21 million of non-cash stock-based compensation.
    • The Company expects gross margin for the full year 2023 to be approximately 74%.

No comments:

Post a Comment