BioCardia Shocks Market with Mixed Earnings Report
BioCardia (NASDAQ:BCDA) has recently unveiled its performance for the final quarter of 2023, sending ripples through the market waters.
- Surpassing all expectations, BioCardia posted an earnings per share of -9 cents, a feat that left analysts eating humble pie as they had projected a gloomier -11 cents.
- However, the sweet taste of victory turned slightly bitter when the company revealed a revenue figure of $13,000, proving to be a bitter pill to swallow and landing a considerable 85.56% below the anticipated $90,000.
Article printed from InvestorPlace Media, https://investorplace.com/earning-results/2024/03/bcda-stock-earnings-biocardia-for-q4-of-2023/.
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