AtriCure Earnings: Everything You Must Know Now

AtriCure, Inc. (NASDAQ:ATRC) had a loss and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.

Markets are at 5-year highs! Discover the best stocks to own. Click here for our fresh Feature Stock Pick now!

AtriCure, Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share were the same at $-0.10 in the quarter as EPS of $-0.10 in the year-earlier quarter.

Revenue: Rose 11.16% to $19.43 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: AtriCure, Inc. reported adjusted EPS loss of $0.10 per share. By that measure, the company beat the mean analyst estimate of $-0.11. It beat the average revenue estimate of $18.62 million.

Quoting Management: “Our first quarter results reflect double digit revenue growth, balanced globally. We are starting to see the results of our training and education efforts in capturing market share,” said Mike Carrel, President and Chief Executive Officer of AtriCure. Mr. Carrel continued, “We will continue to invest in transforming AtriCure into a commercially focused organization using training and clinical outcomes to accelerate revenue growth.”

Key Stats (on next page)…

Revenue increased 5.83% from $18.36 million in the previous quarter. EPS increased to $-0.10 in the quarter versus EPS of $-0.12 in the previous quarter.

Looking Forward: Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a loss of $0.04 to a loss $0.10. For the current year, the average estimate has moved down from a loss of $0.25 to a loss of $0.38 over the last ninety days.

Stocks with improving earnings metrics are worthy of your extra attention. In fact, “E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute – click here and get our CHEAT SHEET stock picks now.

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]