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

RegenETP,

18/05/2021 13:20

* PolarityTE Inc  PTE.OQ  reported a quarterly adjusted loss
of 24 cents​​ per share for the quarter ended in March. The mean
expectation of three analysts for the quarter was for a loss
of 12 cents per share.
* Revenue rose 404.7% to $4.71 million from a year ago; 
analysts expected $3.30 million. 
* The mean earnings estimate of analysts had fallen by about 25%
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 17.8% this quarter and
gained 34.1% so far this year.
* The company reported a quarterly loss of $17.41 million.
* Wall Street's median 12-month price target for PolarityTE Inc
is $3.00 
* 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 May 18 at 12:20 p.m. GMT.
​All figures in US dollars