PolarityTE (PTE) Tops Q3 EPS by 3c, Revenues Beat

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Go back to PolarityTE (PTE) Tops Q3 EPS by 3c, Revenues Beat

PolarityTE Reports Third Quarter 2020 Results

November 9, 2020 7:00 AM EST

SALT LAKE CITY--(BUSINESS WIRE)-- PolarityTE, Inc. (Nasdaq: PTE), a biotechnology company developing regenerative tissue products and biomaterials, today reported financial results for the third calendar quarter of 2020. PolarityTE will host a conference call and webcast today, November 9, 2020 at 8:00 a.m. ET.

Highlights

Total revenues were $3.34 million in Q3:20 compared to $1.40 million in Q3:19 SkinTE revenues were $1.16 million in Q3:20 compared to $0.84 million in Q3:19 Contract services revenues were $2.18 million in Q3:20 and includes $1.75 million from COVID-19 testing

Financial Results for the Three Months... More