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SMTI — Sanara MedTech News Story

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Medical tech firm Sanara's Q3 revenue misses estimates after Tissue Health Plus unit closure

Overview

Sanara Q3 revenue grows 22% yr/yr to $26.3 mln, missing analyst expectations

Net income from continuing operations improved to $0.8 mln from a loss last year

Company ceases Tissue Health Plus operations for strategic realignment

Outlook

Company expects strong, sustainable revenue growth for remainder of 2025

Result Drivers

SOFT TISSUE SALES - Revenue growth driven by 24% increase in sales of soft tissue repair products, including CellerateRX Surgical and BIASURGE

STRATEGIC REALIGNMENT - Ceased operations of Tissue Health Plus to enhance operational efficiency and focus on core surgical business

DISTRIBUTION NETWORK EXPANSION - Growth attributed to development of relationships with independent distributors and expansion into new healthcare facilities

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 RevenueMiss$26.30 mln$26.60 mln (2 Analysts)
Q3 EPS-$3.40
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell" The average consensus recommendation for the pharmaceuticals peer group is "buy" Wall Street's median 12-month price target for Sanara Medtech Inc is $50.00, about 43.9% above its November 11 closing price of $28.04 Press Release: ID:nGNX4lbcxH For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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