IceCure Medical Ltd Q1 Loss Decreases, Beats Estimates

IceCure Medical Ltd (ICCM) reported Loss for first quarter that decreased from last year and beat the Street estimates.

The company's earnings came in at -$3.59 million, or -$0.06 per share. This compares with -$3.61 million, or -$0.08 per share, last year.

Analysts on average had expected the company to earn -$0.08 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period fell 1.4% to $0.73 million from $0.74 million last year.

IceCure Medical Ltd earnings at a glance (GAAP) :

-Earnings: -$3.59 Mln. vs. -$3.61 Mln. last year.
-EPS: -$0.06 vs. -$0.08 last year.
-Revenue: $0.73 Mln vs. $0.74 Mln last year.

by RTTNews Staff Writer

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