KORU Medical Systems Announces 2020 First Quarter Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/23/2026
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
- One killed, three injured when man attacks Swedish school with sword
Repro Med Systems, Inc. (KRMD) Reports In-Line Q1 EPS
May 4, 2020 4:54 PM EDTRepro Med Systems, Inc. (NASDAQ: KRMD) reported Q1 EPS of $0.01, in-line with the analyst estimate of $0.01. Revenue for the quarter came in at $6.3 million versus the consensus estimate of $6.2 million.
Q1 2020 Summary
Net sales rose 27% to $6.3 millionGross margin of 60% (62% excluding inventory obsolescence charge)Net income improved to $0.4 million, or $0.01 per shareAdjusted EBITDA increased 38% to $1.3 millionCOVID-19 UpdateWe reported a strong Q1 2020 with net sales, net income, and Adjusted EBITDA rising from Q1 2019, said Don Pettigrew, President and CEO. We are an essential business under current New York... More
