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

Sanara MedTech

14/08/2023 22:03

* Sanara Medtech Inc  SMTI.OQ  reported a quarterly adjusted
loss
of 22 cents​​ per share for the quarter ended in June. The lone
analyst forecast for the quarter was for a loss of 13 cents per
share.
    * Revenue rose 62.9% to $15.75 million from a year ago;
analysts
expected $16.90 million. 
    * Sanara Medtech Inc's reported EPS for the quarter was a
loss
of 22 cents​.
    * The mean earnings estimate of analysts had risen by
about 50% in
the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Sanara Medtech Inc shares had risen by 14.7% this
quarter and
gained 1.1% so far this year.
    * The company reported a quarterly loss of $1.83 million.
    * Wall Street's median 12-month price target for Sanara
Medtech
Inc is $59.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 14 at 09:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.13          -0.22          Missed
 Mar. 31 2023      -0.33          -0.14          Beat
 Dec. 31 2022      -0.26          -0.38          Missed
 Sep. 30 2022      -0.32          -0.18          Beat