other material
confidence high
sentiment negative
materiality 0.50
Sanara MedTech clarifies Q2 sales per facility grew YoY but declined QoQ
Sanara MedTech Inc.
- On Aug 15, 2023 earnings call, Sanara MedTech said sales per facility were growing; today's 8-K clarifies it was YoY, not QoQ.
- Sequentially (Q2 2023 vs Q1 2023), sales per facility slightly declined.
- Metric calculated as monthly Surgical Products sales divided by number of facilities with revenue; quarterly is average of monthly.
- Surgical Products include CellerateRX, FORTIFY TRG, FORTIFY FLOWABLE, TEXAGEN, BiFORM, AMPLIFY, ALLOCYTE.
- Correction filed under Regulation FD to avoid misleading investors.