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

RegenETP,

11/08/2022 23:36

* PolarityTE Inc  PTE.OQ  reported a quarterly adjusted loss
of
$1.30​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for a loss of
$1.25 per share.
    * Revenue fell 97.1% to $73.00 thousand from a year ago;
analysts
expected $612.50 thousand. 
    * PolarityTE Inc's reported EPS for the quarter was a loss
of 1
cent​.
    * The mean earnings estimate of analysts had risen by
about 23.1%
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 risen by 7.6% this quarter and
lost 89.4% so far this year.
    * The company reported a quarterly loss of $68 thousand.
    * Wall Street's median 12-month price target for PolarityTE
Inc is
$23.75 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 11
at 10:36 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -1.25          -1.30          Missed
 Mar. 31 2022      -2.12          -2.25          Missed
 Dec. 31 2021      -2.33          -2.75          Missed
 Sep. 30 2021      -2.92          -0.25          Beat