Futu Announces Third Quarter 2019 Unaudited Financial Results
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Future Healthcare Of America (FUTU) Misses Q3 EPS by 3c, Revenues Miss
November 22, 2019 7:32 AM ESTFuture Healthcare Of America (NASDAQ: FUTU) reported Q3 EPS of $0.02, $0.03 worse than the analyst estimate of $0.05. Revenue for the quarter came in at $32.4 million versus the consensus estimate of $34.65 million.
Third Quarter 2019 Financial Highlights
Total revenues increased 12.8% year-over-year to HK$254.3 million (US$32.4 million)Total gross profit increased 20.7% year-over-year to HK$184.5 million (US$23.5 million)Net income decreased 31.0% year-over-year to HK$20.9 million (US$2.7 million)Non-GAAP adjusted net income5 decreased 27.4% year-over-year to HK$23.8 million (US$3.0 million)Basic net income per American Depositary Share (ADS) was HK$0.18 (US$0.02), compared with... More