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Shares of Edap (EDAP -5.2%) take a hit after its Q4 missed on top line estimates. Earlier today...

Shares of Edap (EDAP -5.2%) take a hit after its Q4 missed on top line estimates. Earlier today the company reported a loss of €0.06 or $0.08 per share, in line with the Street consensus for a loss of $0.08 loss per share. Revenues were €9.4M, or $12.3M, slightly beating estimates of $12.15M. In the same period last year, the company reported an EPS loss of €0.04 or $0.05 on revenues of €7.5M or $10.1M.
Comments (1)
  • vmardir
    , contributor
    Comment (1) | Send Message
     
    2:53PM Apr2nd, I received an e-mail from you which contained erroneous information and made the share price of the stock (EDAP) tumble.
    Shares of EDAP take a hit after its Q4 missed on top line estimates. Earlier today the company reported a loss of $.08 per share, in line with the street consensus for a loss of $.08 per share.Revenues were $10.1M, coming in shy of analyst estimates of $12.15M. In the same period last year, the company reported an EPS loss of $.05 on revenues of $10.1M
    When you click on Read comments, this is how it reads:
    Shares of EDAP take a hit after its Q4 missed on top line estimates. Earlier today the company reported a loss of $.08 per share, in line with the street consensus for a loss of $.08 per share. Revenues were$12.3M, slightly beating estimates of $12.15M. In the same period last year, the company reported an EPS loss of $.05 on revenues of $10.1M
    The author is mixing up revenues of 2011 Q4 with 2012 Q4
    There was NO MISS in the revenue figure, actually they slightly beat the estimates. They had record revenue in 2012 Q4, 25% higher than the same period last year.
    These figures are verifiable by checking the company's earnings report.
    It is greatly appreciated if you correct this article and re-send it to all your subscribers, according to your e-mail, this was sent to 708 people
    8 Apr 2013, 02:03 AM Reply Like
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