Apyx Medical (NASDAQ:APYX) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$11.5m (down 4.1% from 3Q 2023).

• Net loss: US$4.70m (loss widened by 1.6% from 3Q 2023).

• US$0.14 loss per share (further deteriorated from US$0.13 loss in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Apyx Medical EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 24%.

Looking ahead, revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Medical Equipment industry in the US.

Performance of the American Medical Equipment industry.

The company's shares are up 28% from a week ago.

Risk Analysis

You should learn about the 3 warning signs we've spotted with Apyx Medical.

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