PolarityTE (NASDAQ:PTE) reported its Q4 earnings results on Wednesday, March 30, 2022 at 07:30 AM.
Here's what investors need to know about the announcement.
Earnings
PolarityTE missed estimated earnings by 22.22%, reporting an EPS of $-0.11 versus an estimate of $-0.09.
Revenue was down $2.55 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03 which was followed by a 0.51% increase in the share price the next day.
Here's a look at PolarityTE's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | -0.12 | -0.10 | -0.12 | -0.16 |
| EPS Actual | -0.09 | -0.06 | -0.12 | -0.27 |
| Revenue Estimate | 810.00K | 3.19M | 3.30M | 2.90M |
| Revenue Actual | 1.12M | 2.54M | 4.71M | 3.59M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
