1/2Based on this, a $900K beat on revenue and a one cent miss on net loss. An 8% haircut seems extreme but it is another lousy day in the markets. GLTA
OpSens Inc. (OPS-T) reported sales of $10.1-million for its third quarter ended May 31, compared to $9.2-million in the third quarter of 2021. The expectation was for revenue of $9.2-million, according to S&P Capital IQ.
Its net loss was $2.9-million or 3 cents per share compared to a loss of $570,000 or a penny per share in the third quarter of 2021. The expectation was for a loss of 2 cents.