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Market Impact: 0.34

Outset Medical, Inc. (OM) Reports Q1 Loss, Lags Revenue Estimates

OM
Corporate EarningsCompany FundamentalsAnalyst EstimatesHealthcare & Biotech

Outset Medical reported a quarterly loss of $0.83 per share, slightly wider than the Zacks Consensus Estimate of a $0.79 loss. The result was a major improvement from a $3.24 per-share loss a year ago, indicating meaningful year-over-year progress despite missing expectations.

Analysis

Outset Medical reported a quarterly loss of $0.83 per share, slightly wider than the Zacks Consensus Estimate of a $0.79 loss. The result was a major improvement from a $3.24 per-share loss a year ago, indicating meaningful year-over-year progress despite missing expectations.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.20

Ticker Sentiment

OM-0.35