earnings
confidence high
sentiment positive
materiality 0.65
Sensus Healthcare Q2 revenue up 358% YoY to $5.4M; net loss narrows to $0.3M
Sensus Healthcare, Inc.
2022-Q2 EPS reported
-$0.08
revenue$8,492,000
- Revenue $5.4M, up 358% YoY and 77% sequentially; shipped 17 systems including 7 SRT-100 Vision.
- Net loss improved to $(0.3)M ($0.02 loss per share) from $(2.6)M loss in Q2 2020; Adjusted EBITDA $(0.1)M vs $(2.3)M.
- Cash $15.2M at June 30, 2021; worldwide installed base of SRT systems reached 515.
- CMS increased reimbursement for SRT effective Jan 2021; new leasing options; expanding international in China and India.
- Management cautiously optimistic for sequential growth; on track to profitability.