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

RegenETP,

16/05/2022 14:12

* PolarityTE Inc  PTE.OQ  reported a quarterly adjusted loss
of 9
cents​​ per share for the quarter ended in March. The mean
expectation of three analysts for the quarter was for a loss
of 8 cents per share.
    * Revenue rose 49.6% to $7.05 million from a year ago; 
analysts
expected $733.33 thousand. 
    * PolarityTE Inc's reported EPS for the quarter was a loss
of 9
cents​.
    * The mean earnings estimate of analysts had fallen by
about 30.8%
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 13.6% this quarter and
lost 63.9% so far this year.
    * The company reported a quarterly loss of $3.77 million.
    * Wall Street's median 12-month price target for PolarityTE
Inc is
$1.08 
    * 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 May 16 at 01:12 p.m.  ​All
figures in US dollars unless otherwise stated