Aclarion (NASDAQ:ACON) Second Quarter 2024 Results

Key Financial Results

• Net loss: US$1.24m (loss narrowed by 16% from 2Q 2023).

• US$0.15 loss per share (improved from US$2.83 loss in 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Aclarion EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 51%. Earnings per share (EPS) exceeded analyst estimates by 21%.

Looking ahead, revenue is forecast to grow 106% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Healthcare Services industry in the US.

Performance of the American Healthcare Services industry.

The company's shares are down 21% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 6 warning signs with Aclarion (at least 5 which are potentially serious), and understanding these should be part of your investment process.

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