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Recap: CytoSorbents Q4 Earnings

Benzinga ·  Mar 15 05:05

CytoSorbents (NASDAQ:CTSO) reported its Q4 earnings results on Thursday, March 14, 2024 at 04:15 PM.

Here's what investors need to know about the announcement.

Earnings

CytoSorbents beat estimated earnings by 14.000000000000002%, reporting an EPS of $-0.12 versus an estimate of $-0.14.

Revenue was down $691 thousand from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.09 which was followed by a 1.0% increase in the share price the next day.

Here's a look at CytoSorbents's past performance:

QuarterQ3 2023Q2 2023Q1 2023Q4 2022
EPS Estimate-0.12-0.11-0.13-0.17
EPS Actual-0.21-0.14-0.17-0.01
Revenue Estimate9.49M11.03M8.73M8.72M
Revenue Actual8.81M9.42M9.45M9.39M

To track all earnings releases for CytoSorbents visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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