earnings
confidence high
sentiment neutral
materiality 0.70
Aspira Q1 revenue $2.2M; OvaWatch volume up 114% YoY
Aspira Women's Health Inc.
2024-Q1 EPS
reported -$0.39
vs consensus -$0.34
▼ miss
(-16.1%)
- Product revenue $2.2M, down 4% YoY; OvaSuite volume 5,829 units (-7%).
- Gross profit margin improved to 56% from 51% in Q1 2023.
- Cash used in operating activities $4.4M, down 22% YoY; 2024 target stays $15-18M.
- OvaWatch volume grew 114% YoY; longitudinal monitoring feature launched.
- New Anthem Blue Cross CA coverage agreement for OvaSuite effective June 1, 2024.