PolarityTE Inc reports results for the quarter ended in June - Earnings Summary

RegenETP,

12/08/2021 21:36

* PolarityTE Inc  PTE.OQ  reported a quarterly adjusted loss
of 4 cents​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for a loss
of 10 cents per share.
* Revenue rose 12% to $2.54 million from a year ago;  analysts
expected $3.20 million. 
* PolarityTE Inc's reported EPS for the quarter was a loss of 4
cents​.
* The mean earnings estimate of analysts had risen by about 6.4%
in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* PolarityTE Inc shares had fallen by 15.8% this quarter and
gained 26.3% so far this year.
* The company reported a quarterly loss of $3.19 million.
* Wall Street's median 12-month price target for PolarityTE Inc
is $2.75 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
This summary was machine generated August 12 at 08:36 p.m.  ​All
figures in US dollars unless otherwise stated