Here's What Key Metrics Tell Us About AtriCure (ATRC) Q4 Earnings

Here's What Key Metrics Tell Us About AtriCure (ATRC) Q4 Earnings

Here's What Key Metrics Tell Us About AtriCure (ATRC) Q4 Earnings · Zacks
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AtriCure (ATRC) reported $106.54 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 21%. EPS of -$0.21 for the same period compares to -$0.09 a year ago.

The reported revenue represents a surprise of +0.04% over the Zacks Consensus Estimate of $106.5 million. With the consensus EPS estimate being -$0.22, the EPS surprise was +4.55%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how AtriCure performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • United States Revenue- Pain management: $12.95 million versus the three-analyst average estimate of $13.37 million. The reported number represents a year-over-year change of +15.2%.

  • International Revenue- Pain management: $0.80 million versus the three-analyst average estimate of $0.56 million. The reported number represents a year-over-year change of +336.6%.

  • United States Revenue- Total ablation: $52.93 million versus the three-analyst average estimate of $52.15 million. The reported number represents a year-over-year change of +19.1%.

  • International Revenue- Total ablation: $11.12 million versus the three-analyst average estimate of $10.67 million. The reported number represents a year-over-year change of +19%.

  • United States Revenue- Total: $88.76 million versus $86.87 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +20.1% change.

  • International Revenue- Appendage management: $6.67 million versus the three-analyst average estimate of $6.28 million. The reported number represents a year-over-year change of +39%.

  • United States Revenue- Open ablation: $27.30 million compared to the $27.69 million average estimate based on three analysts. The reported number represents a change of +16.1% year over year.

  • International Revenue- Open ablation: $8.47 million versus $8.26 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +14.1% change.

  • United States Revenue- Minimally invasive ablation: $12.68 million versus the three-analyst average estimate of $11.09 million. The reported number represents a year-over-year change of +30.6%.

  • International Revenue- Minimally invasive ablation: $1.85 million compared to the $1.85 million average estimate based on three analysts. The reported number represents a change of +6.5% year over year.

  • United States Revenue- Appendage management: $35.83 million versus $34.72 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +21.7% change.

  • International- Total: $17.78 million versus the three-analyst average estimate of $16.95 million. The reported number represents a year-over-year change of +25.8%.