Aclarion (NASDAQ:ACON) Third Quarter 2022 Results
Key Financial Results
Net loss: US$1.63m (loss widened by 90% from 3Q 2021).
US$0.21 loss per share.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Aclarion Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 21%. Earnings per share (EPS) missed analyst estimates by 75%.
Looking ahead, revenue is forecast to grow 135% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Healthcare Services industry in the US.
The company's share price is broadly unchanged from a week ago.
We don't want to rain on the parade too much, but we did also find 5 warning signs for Aclarion (4 don't sit too well with us!) that you need to be mindful of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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