TransMedics Group: Q2 Earnings Insights

TransMedics Group (NASDAQ:TMDX) reported its Q2 earnings results on Monday, August 1, 2022 at 04:05 PM. Here's what investors need to know about the announcement.

TransMedics Group (NASDAQ:TMDX) reported its Q2 earnings results on Monday, August 1, 2022 at 04:05 PM.

Here’s what investors need to know about the announcement.

Earnings

TransMedics Group missed estimated earnings by 17.14%, reporting an EPS of $-0.41 versus an estimate of $-0.35.

Revenue was up $12.35 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.0 which was followed by a 40.33% increase in the share price the next day.

Here’s a look at TransMedics Group’s past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.38 -0.42 -0.36 -0.28
EPS Actual -0.38 -0.46 -0.47 -0.39
Revenue Estimate 9.65M 7.52M 6.35M 7.80M
Revenue Actual 15.88M 9.67M 5.37M 8.17M

To track all earnings releases for TransMedics Group visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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