PolarityTE (PTE) Tops Q1 EPS by 13c, Revenues Miss

PolarityTE (NASDAQ: PTE) reported Q1 EPS of ($0.39), $0.13 better than the analyst estimate of ($0.52). Revenue for the quarter came in at $933 thousand versus the consensus estimate of $1.57 million.

Highlights

• SkinTE revenues were $0.428 million in Q1:20 compared to $0.297 million in Q1:19
• Total revenues were $0.933 million in Q1:20 compared to $1.465 million in Q1:19
• Paid Cases were 81 in Q1:20 compared to 41 in Q1:19
• New Users were 24 in Q1:20 compared to 18 in Q1:19
• Repeat Users were 28 in Q1:20 compared to 9 in Q1:19

For earnings history and earnings-related data on PolarityTE (PTE) click here.

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