Earnings Summary

Eargo Inc’s revenue jumped 11.88% since last year same period to $8.11Mn in the Q2 2023. On a quarterly growth basis, Eargo Inc has generated -31.36% fall in its revenue since last 3-months.

Eargo Inc’s net profit jumped 22.48% since last year same period to $-25.15Mn in the Q2 2023. On a quarterly growth basis, Eargo Inc has generated -19.48% fall in its net profits since last 3-months.

Eargo Inc’s net profit margin jumped 30.71% since last year same period to -310.21% in the Q2 2023. On a quarterly growth basis, Eargo Inc has generated -74.07% fall in its net profit margins since last 3-months.

Eargo Inc’s earning per share (EPS) estimates for the current quarter stand at -0.42 - a 24.14% jump from last quarter’s estimates.

Eargo Inc’s earning per share (EPS) estimates for the current year stand at -0.42.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Eargo Inc’s return on assets (ROA) stands at -0.52.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Eargo Inc’s return on equity (ROE) stands at -3.98.