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AtriCure's Q2 Adjusted Loss Widens, Revenue Rises
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AtriCure's Q2 Adjusted Loss Widens, Revenue Rises
Jul 31, 2024 3:05 AM

05:54 AM EDT, 07/31/2024 (MT Newswires) -- AtriCure ( ATRC ) reported a Q2 adjusted loss Tuesday of $0.17 per diluted share, widening from an adjusted loss of $0.12 a year earlier.

Analysts polled by Capital IQ expected a normalized loss of $0.17.

Revenue for the quarter ended June 30 was $116.3 million, compared with $100.9 million a year earlier.

Analysts surveyed by Capital IQ expected $116.2 million.

For full-year 2024, the company's adjusted loss is expected to be $0.74 to $0.82 per share. Analysts polled by Capital IQ expect a loss of $0.77.

Revenue for the year is projected to be $456 million to $461 million. Analysts surveyed by Capital IQ expect $459 million.

Shares of AtriCure ( ATRC ) fell 9% in after-market hours on Tuesday.

Price: 20.00, Change: -2.00, Percent Change: -9.09

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