EPS Exceeds Expectations, Revenues Lag

Viveve Medical (NASDAQ:VIVE) Third Quarter 2022 Results

Main financial results

  • Revenue: $1.68 million (up 4.2% compared to Q3 2021).

  • Net loss: $6.32 million (loss reduced by 10% compared to Q3 2021).

  • Loss of $0.59 per share (improving from the loss of $0.67 in 3Q 2021).


All figures shown in the table above are for the 12 month period (TTM)

Viveve Medical EPS Exceeds Expectations, Revenues Fall Short

Revenue missed analysts’ estimates by 1.2%. Earnings per share (EPS) exceeded analysts’ estimates by 11%.

Going forward, revenue is expected to grow 57% per year on average over the next 3 years, compared to a growth forecast of 7.4% for the US medical device industry.

Performance of the American medical equipment industry.

Shares of the company are down 9.7% from a week ago.

Risk analysis

You should always think about the risks. Concrete example, we spotted 2 warning signs for Viveve Medical you should be aware of, and 1 of them is significant.

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