earnings
confidence high
sentiment negative
materiality 0.65
Sensus Healthcare Q2 revenue $4.5M (-63% YoY), net loss $0.4M vs $3.5M profit last year
Sensus Healthcare, Inc.
2023-Q2 EPS reported
-$0.14
revenue$7,941,000
- Revenue $4.5M, down 63% YoY from $12.1M; net loss $0.4M ($0.02/sh) vs net income $3.5M ($0.21/sh) in Q2 2022.
- Shipped 13 SRT systems (down from 33 YoY) but up from 10 in Q1; total installed base 708 systems worldwide.
- Cash $20.1M, no debt; gross margin 57.9% vs 68.3% a year ago on lower volume and higher vendor costs.
- Guidance: expects to ship at least 60 SRT systems in 2023 and return to profitability in H2 2023.
- New UK/Ireland distribution with MIS Healthcare; first sale in Ireland; international expansion progressing.