PolarityTE Reports Second Quarter Financial Results and Provides Business Update

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PolarityTE (PTE) Tops Q2 EPS by 4c

August 12, 2021 4:02 PM EDT

PolarityTE (NASDAQ: PTE) reported Q2 EPS of ($0.06), $0.04 better than the analyst estimate of ($0.10). Revenue for the quarter came in at $2.5 million versus the consensus estimate of $3.19 million.

Cash used in operations for Q2:21 was $4.1 million, or an average of $1.4 million per month, representing... More