Inari Medical Full Year 2022 Earnings: EPS Beats Expectations
Inari Medical (NASDAQ:NARI) Full Year 2022 Results
Key Financial Results
Revenue: US$383.5m (up 38% from FY 2021).
Net loss: US$29.3m (down by 397% from US$9.84m profit in FY 2021).
US$0.55 loss per share (down from US$0.20 profit in FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Inari Medical EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 11%.
Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Medical Equipment industry in the US.
Performance of the American Medical Equipment industry.
The company's shares are up 2.0% from a week ago.
You should always think about risks. Case in point, we've spotted 1 warning sign for Inari Medical you should be aware of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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