Semler Scientific (SMLR) Misses Q4 EPS by 53c

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Semler Reports 2015 Annual and Fourth Quarter Financial Results

February 19, 2016 8:03 AM EST

PORTLAND, Ore., Feb. 19, 2016 /PRNewswire/ -- Semler Scientific, Inc. (Nasdaq: SMLR), an emerging growth company providing technology solutions to improve the clinical effectiveness and efficiency of healthcare insurers and physician groups, today reported financial results for the fourth quarter and year ended December 31, 2015.

"Semler reported outstanding year over year revenue growth of 93% and sequential quarter over quarter revenue growth of 88%, albeit with a net loss and low cash position," said Doug Murphy-Chutorian, M.D., chief executive officer of Semler.  "At the end of 2015, we implemented additional steps to further reduce our... More