Strata Skin Sciences Inc Reports Results For The Quarter Ended In June: Earnings Summary

STRATA Skin Sciences

15/08/2024 06:02

* STRATA Skin Sciences Inc  SSKN.OQ  reported a quarterly
adjusted
loss of 3 cents​​ per share for the quarter ended in June,
higher than the same quarter last year, when the company
reported EPS of -60 cents.  The mean expectation of two analysts
for the quarter was for a loss of 70 cents per share. Wall
Street expected results to range from -80 cents to -60 cents per
share.
    * Revenue rose 2.2% to $8.44 million from a year ago;
analysts
expected $7.42 million. 
    * STRATA Skin Sciences Inc's reported EPS for the quarter
was a
loss of 3 cents​.
    * The company reported a quarterly loss of $99 thousand.
    * STRATA Skin Sciences Inc shares had fallen by 14.0% this
quarter and lost 52.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the advanced
medical
equipment & technology peer group is also "buy"

Wall Street's median 12-month price target for STRATA Skin
Sciences Inc is $26.00 
This summary was machine generated from LSEG data August 15 at
05:01 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      -0.70          -0.03          Beat
 Mar. 31 2024      -0.64          -1.00          Missed
 Dec. 31 2023      -0.20          -1.10          Missed
 Sep. 30 2023      -0.40          -0.30          Beat