Applied UV, Inc. (AUVI) in Mount Vernon, NY develops, acquires, and commercializes technology that addresses air purification and infection control in the healthcare, hospitality, commercial, municipal, and residential markets in the United States, Canada, and Europe. It operates through Disinfection and Hospitality segments. The company offers science-based solutions and products in air purification under the Airocide brand, and disinfection of hard surfaces under the Lumicide brand. It manufactures and supplies fine decorative framed mirrors, framed arts, and bathroom vanities.
Although AUVI’s $3.36 million in net sales for the first quarter ended March 31, 2022, increased 45.1% year-over-year, it came in below Wall Street’s $3.71 million estimate. Furthermore, it reported an $0.18 loss per share versus the $0.16 consensus estimate loss. Moreover, the stock has missed consensus EPS estimates in each of the trailing four quarters.
