UTRS - GAAP EPS of -$0.40 misses by $0.12 revenue of $12.6M in-line
- press release ( NASDAQ: UTRS ): Q3 GAAP EPS of -$0.40 misses by $0.12 .
- Revenue of $12.6M (+0.7% Y/Y) in-line.
- Net loss in the third quarter of 2022 was $11.3 million, compared to a net loss of $3.2 million for the same period in 2021, and a net loss of $5.6 million in the second quarter of 2022.
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Adjusted EBITDA for the third quarter of 2022 was negative $5.8 million, compared to negative $2.6 million for the same period in 2021, and negative $4.5 million in the second quarter of 2022.
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Financial Outlook for Fiscal Year 2022-The annual revenue anticipated to be between $50 million and $53 million. vs $ 51.09M
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GAAP EPS of -$0.40 misses by $0.12, revenue of $12.6M in-line