Apyx Medical Corp reports results for the quarter ended September 30 - Earnings Summary

Apyx Medical

08/11/2024 16:15

* Apyx Medical Corp  APYX.OQ  reported a quarterly adjusted
loss
of 14 cents​​ per share for the quarter ended September 30,
lower than the same quarter last year, when the company reported
EPS of -13 cents.  The mean expectation of five analysts for the
quarter was for a loss of 19 cents per share. Wall Street
expected results to range from -23 cents to -15 cents per share.
    * Revenue fell 4.1% to $11.49 million from a year ago;
analysts
expected $11.38 million. 
    * Apyx Medical Corp's reported EPS for the quarter was a
loss
of 14 cents​.
    * The company reported a quarterly loss of $4.7 million.
    * Apyx Medical Corp shares had fallen by 1.6% this
quarter and
lost 53.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the medical
equipment,
supplies & distribution peer group is also "hold"

Wall Street's median 12-month price target for Apyx Medical Corp
is $2.50 
This summary was machine generated from LSEG data November 8 at
04:15 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      -0.19          -0.14          Beat
 Jun. 30 2024      -0.20          -0.19          Beat
 Mar. 31 2024      -0.21          -0.22          Missed
 Dec. 31 2023      -0.18          -0.28          Missed