Why Is Outset Medical (OM) Stock Down 34% Today?
OMOutset Medical(OM) Investor Place·2024-08-08 20:45

Outset Medical (NASDAQ:OM) stock is taking a beating on Thursday after the medical technology company announced earnings results for the second quarter of the year.The Outset Medical earnings report starts with an adjusted EPS of -47 cents. That’s worse than the -43 cents per share that Wall Street was expecting. That’s despite it being better than the -69 cents per share from the same period of the year prior.On top of that, Outset Medical posted revenue of $27.39 million during the quarter. That’s another ...