Artivion Inc reports results for the quarter ended June 30 - Earnings Summary

• Artivion Inc AORT.N reported quarterly adjusted earnings of 8 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -5 cents. The mean expectation of seven analysts for the quarter was for breakeven results per share. Wall Street expected results to range from -4 cents to 5 cents per share.

• Revenue rose 15.3% to $112.97 million from a year ago; analysts expected $107.96 million.

• Artivion Inc's reported EPS for the quarter was 3 cents​.

• The company reported quarterly net income of $1.35 million.

• Artivion Inc shares had risen by 3.8% this quarter and gained 12.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 28.8% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the medical equipment, supplies & distribution peer group is also "buy"

• Wall Street's median 12-month price target for Artivion Inc is $33.00, about 0.9% above its last closing price of $32.70

This summary was machine generated from LSEG data August 8 at 03:35 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)