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

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

PolarityTE Reports First Quarter 2020 Results

May 11, 2020 7:00 AM EDT

SALT LAKE CITY--(BUSINESS WIRE)-- PolarityTE, Inc. (Nasdaq: PTE), a biotechnology company developing regenerative tissue products and biomaterials, today reported financial results for the first calendar quarter of 2020. PolarityTE will host a conference call and webcast today, May 11, 2020 at 8:00 a.m. ET.

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... More