Venus Concept (NASDAQ:VERO) Releases Earnings Results, Beats Expectations By $0.02 EPS

Venus Notion (NASDAQ:VERO – Get Score) issued its quarterly earnings results on Monday. The organization reported ($.08) EPS for the quarter, beating the Zacks’ consensus estimate of ($.10) by $.02, MarketWatch Earnings studies. Venus Thought experienced a damaging return on fairness of 76.17% and a detrimental net margin of 21.79%. For the duration of the exact quarter in the prior year, the business enterprise attained ($.22) earnings for every share. Venus Thought up-to-date its FY 2022 direction to EPS.

NASDAQ:VERO remained flat at $$1.42 throughout buying and selling hours on Wednesday. The company’s inventory had a investing volume of 72,475 shares, in contrast to its average quantity of 70,343. The company has a personal debt-to-fairness ratio of 2.67, a recent ratio of 3.24 and a speedy ratio of 2.52. The stock has a 50-working day moving average of $1.49 and a 200 day relocating ordinary of $1.72. Venus Principle has a twelve thirty day period low of $1.17 and a twelve month large of $3.37.

Separately, Zacks Investment Analysis downgraded Venus Principle from a “buy” ranking to a “hold” score in a exploration report on Tuesday, March 22nd.

A selection of significant traders have recently extra to or minimized their stakes in the business enterprise. Woodline Associates LP improved its position in Venus Strategy by 6.% in the fourth quarter. Woodline Partners LP now owns 970,595 shares of the company’s stock truly worth $1,650,000 just after shopping for an added 54,510 shares all through the final quarter. Virtu Monetary LLC ordered a new stake in Venus Idea in the fourth quarter worthy of $38,000. Millennium Administration LLC improved its posture in Venus Concept by 70.8% in the fourth quarter. Millennium Administration LLC now owns 107,827 shares of the company’s inventory value $183,000 just after buying an further 44,705 shares during the final quarter. Morgan Stanley increased its posture in Venus Strategy by 71.% in the third quarter. Morgan Stanley now owns 295,741 shares of the company’s inventory worthy of $742,000 right after obtaining an supplemental 122,768 shares during the last quarter. At last, Dimensional Fund Advisors LP increased its posture in Venus Principle by 49.5% in the third quarter. Dimensional Fund Advisors LP now owns 173,477 shares of the company’s inventory worthy of $435,000 following getting an more 57,425 shares through the last quarter. 93.54% of the inventory is owned by institutional traders and hedge funds.

About Venus Notion (Get Score)

Venus Thought, Inc develops, commercializes and provides minimally invasive and non-invasive medical aesthetic and hair restoration technologies and related exercise enhancement providers. Its merchandise portfolio consists of aesthetic system platforms which consists of venus versa, venus legacy, venus velocity, venus fiore, venus viva, venus freeze as well as, and venus bliss.

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