Venus Concept Inc. (NASDAQ:VERO) Faces Financial C…
From Financial Modeling Prep: 2024-11-13 22:00:03
In the third quarter of the fiscal year, Venus Concept Inc. (NASDAQ:VERO) reported an earnings per share (EPS) of -$1.28, missing the estimated EPS of -$1.20. The company’s revenue was $9.92 million, significantly below the estimated $17.28 million. VERO reported a net loss of about $9.3 million, with negative operating income and EBITDA of $7.16 million. CEO Rajiv De Silva discussed the financial performance and strategic initiatives during the earnings conference call.
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