Published on 1 May 2024 on Zacks via Yahoo Finance
Inari Medical (NARI) Q1 Earnings Miss Estimates, OpEx Rises
Inari Medical, Inc. NARI reported an adjusted loss per share of 26 cents in the first quarter of 2024 compared with the year-ago period’s loss of 4 cents per share. The Zacks Consensus Estimate for loss per share was pegged at 11 cents. On a GAAP basis, the company recorded a loss per share of 42 cents. There was no adjustment in the prior-year period.
Revenues in Detail
Inari Medical registered revenues of $143.2 million in the first quarter, up 23.3% year over year. The figure beat the Zacks Consensus Estimate by 3.5%.