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TransMedics (TMDX) Reports Q3 Earnings: What Key Metrics Have to Say
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TransMedics (TMDX - Free Report) reported $108.76 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 63.7%. EPS of $0.12 for the same period compares to -$0.12 a year ago.
The reported revenue represents a surprise of -4.78% over the Zacks Consensus Estimate of $114.22 million. With the consensus EPS estimate being $0.28, the EPS surprise was -57.14%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how TransMedics performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Geographic Revenues- United States: $104.92 million versus $108.65 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +75.8% change.
Geographic Revenues- All other countries: $2.58 million versus the four-analyst average estimate of $4.03 million. The reported number represents a year-over-year change of -39.9%.
Net revenue by OCS product- OCS Lung net revenue: $3.91 million versus the four-analyst average estimate of $4.71 million. The reported number represents a year-over-year change of +5.1%.
Net revenue by OCS product- OCS Liver net revenue: $76.67 million versus the four-analyst average estimate of $77.47 million. The reported number represents a year-over-year change of +85.6%.
Net revenue by OCS product- OCS Heart net revenue: $26.93 million versus the four-analyst average estimate of $30.50 million. The reported number represents a year-over-year change of +42%.
Shares of TransMedics have returned -38.9% over the past month versus the Zacks S&P 500 composite's +1.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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TransMedics (TMDX) Reports Q3 Earnings: What Key Metrics Have to Say
TransMedics (TMDX - Free Report) reported $108.76 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 63.7%. EPS of $0.12 for the same period compares to -$0.12 a year ago.
The reported revenue represents a surprise of -4.78% over the Zacks Consensus Estimate of $114.22 million. With the consensus EPS estimate being $0.28, the EPS surprise was -57.14%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how TransMedics performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Geographic Revenues- United States: $104.92 million versus $108.65 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +75.8% change.
- Geographic Revenues- All other countries: $2.58 million versus the four-analyst average estimate of $4.03 million. The reported number represents a year-over-year change of -39.9%.
- Net revenue by OCS product- OCS Lung net revenue: $3.91 million versus the four-analyst average estimate of $4.71 million. The reported number represents a year-over-year change of +5.1%.
- Net revenue by OCS product- OCS Liver net revenue: $76.67 million versus the four-analyst average estimate of $77.47 million. The reported number represents a year-over-year change of +85.6%.
- Net revenue by OCS product- OCS Heart net revenue: $26.93 million versus the four-analyst average estimate of $30.50 million. The reported number represents a year-over-year change of +42%.
View all Key Company Metrics for TransMedics here>>>Shares of TransMedics have returned -38.9% over the past month versus the Zacks S&P 500 composite's +1.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.