Acutus Medical Inc

NASDAQ:AFIB   3:59:48 PM EDT
11.66
-0.26 (-2.18%)
Other Pre-Announcement, Equity Financing / Related

Acutus Medical Reports Second Quarter 2020 Financial Results

Published: 09/17/2020 22:49 GMT
Acutus Medical Inc (AFIB) - Acutus Medical Reports Second Quarter 2020 Financial Results.
Q2 Loss per Share $32.24.
Q2 Earnings per Share Estimate $-1.03 -- Refinitiv Ibes Data (analyst estimates).
Q2 Revenue $1.1 Million Versus Refinitiv Ibes Estimate of $1.1 Million.
Says Due to Uncertainty Surrounding Covid-19 Pandemic, Co Will Not Provide Financial Guidance for Remainder of 2020.
Acutus Medical - Q2 Net Loss Figure Does Not Reflect Conversion of 16.1 Million Shares of Convertible Preferred Stock, Issuance of 10.1 Million Shares at Ipo.
Q2 Net Loss Was $23.2 Million and Loss per Share $32.24, on a Weighted-average Outstanding Share Count of 0.72 Million.
Retrospectively Adjusted Outstanding Shares to Reflect Impact of 1-for-9.724 Reverse Stock Split, for Q2 Presented.