Helius Medical Technologies Inc reports results for the quarter ended in January - Earnings Summary

Solana Co

13/08/2024 02:00

* Helius Medical Technologies Inc  HSDT.OQ  reported a
quarterly
adjusted loss of 64 cents​​ per share for the quarter ended in
January, higher than the same quarter last year, when the
company reported EPS of $-3.00.  The lone analyst forecast for
the quarter was for a loss of 50 cents per share. 
    * Revenue fell 28.9% to $182.00 thousand from a year ago;
analysts
expected $150.00 thousand. 
    * Helius Medical Technologies Inc's reported EPS for the
quarter
was a loss of 64 cents​.
    * The company reported a quarterly loss of $1.61 million.
    * Helius Medical Technologies Inc shares had fallen by 21.1%
this
quarter and lost 90.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 77.8%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the advanced
medical
equipment & technology peer group is also "buy"

Wall Street's median 12-month price target for Helius Medical
Technologies Inc is $4.00 
This summary was machine generated from LSEG data August 13 at
01:00 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      -0.50          -0.64          Missed
 Mar. 31 2024      -3.87          -3.08          Beat
 Dec. 31 2023      -3.77          -1.47          Beat
 Sep. 30 2023      -6.00          -5.49          Beat