Earnings Preview : Q3 2024 Is Gearing Up To Be A Decisive Quarter For Outset Medical ($OM)

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The third quarter financial results of Outset Medical (NASDAQ: OM) will be revealed on Wednesday 6th November 2024. The big news will come out after market close, so investors can learn more about how the company is doing financially.

The financial experts on Wall Street are predicting that the organization will likely report an estimated $0.42 loss per share for the third quarter. Additionally, it is anticipated that the company will reveal a $26.9 million revenue during the quarter.

In the preceding quarter of the previous year, the company shared its financial results, revealing that it had loss of $0.71 per share.

According to the Wall Street analysts projections, the company is expected to generate a total revenue of $110.22 million for the fiscal year. Additionally, these analysts anticipate that the company will report loss of $1.84 per share during the same period.

 

In addition, The firm will review the third quarter financial results on 6th November 2024 at 05:00 PM eastern time, in a conference call with public.

Outset Medical (OM) closed Friday's regular trading session at $0.61, marking a 7.02 percent gain. During the day, OM shares traded between $0.56 and $0.64, with a day volume of 663.70 thousand shares.