earnings
confidence high
sentiment negative
materiality 0.75
Sensus Healthcare Q3 revenues down 57% YoY to $3.9M; net loss of $1.5M
Sensus Healthcare, Inc.
2023-Q3 EPS reported
-$0.23
revenue$11,838,000
- Revenues $3.9M vs $9.0M Q3 2022; net loss $1.5M ($0.09/sh) vs net income $1.8M ($0.11) prior year.
- Adjusted EBITDA negative $1.7M vs positive $2.3M a year ago.
- Shipped 11 SRT units (3 outside US, 5 to one large customer); cash $20.5M, no debt.
- Board approved $3.0M stock repurchase program.
- Submitted 510(k) for aesthetic drug delivery system; expects completion by end of 2023.