Investing.com - InspireMD reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
InspireMD announced earnings per share of $-0.580 on revenue of $1.43M. Analysts polled by Investing.com anticipated EPS of $-0.730 on revenue of $1.4M.
InspireMD shares are down 27% from the beginning of the year and are trading at $1.050 , down-from-52-week-high.
InspireMD shares lost 2.78% in intra-day trade after the report.
InspireMD follows other major Healthcare sector earnings this month
InspireMD's report follows an earnings beat by UnitedHealth on Friday, October 14, 2022, who reported EPS of $5.79 on revenue of $80.89B, compared to forecasts EPS of $5.43 on revenue of $80.52B.
J&J had beat expectations on Tuesday, October 18, 2022 with third quarter EPS of $2.55 on revenue of $23.79B, compared to forecast for EPS of $2.52 on revenue of $23.46B.
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