Sensus Healthcare slumps on revenue miss, possible Hurricane Ian impact

Sensus Healthcare

04/11/2022 13:39

** Shares of medical device maker Sensus Healthcare  SRTS.O 
decline 37.7% to $8.1 in morning trade
    ** SRTS reports Q3 revenue of $9.01 mln, missing analysts'
expectations of $9.54 mln  urn:newsml:reuters.com:*:nGNXg3wQx 
    ** Misses revenue estimate for the first time in four
quarters - Refinitiv 
    ** Co posts profit of 11 cents per share in Q3 
    ** Says Hurricane Ian may impact Q4 sales as some of co's
largest customers have not yet reopened their clinics 
    ** At least two brokerages cut their price target on the
stock following Q3 results 
    ** As of last close, SRTS up ~81% YTD
 (Reporting by Bhanvi Satija in Bengaluru)
 ((Bhanvi.Satija@thomsonreuters.com; Outside U.S. +91
9873062788;))