01:49 PM EDT, 05/13/2024 (MT Newswires) -- Sanara MedTech ( SMTI ) reported Q1 net loss Monday of $0.21 per diluted share, widening from $0.14 a year earlier.

One analyst polled by Capital IQ expected a loss of $0.07.

Revenue for the quarter ended March 31 was $18.5 million, up from 15.5 million a year earlier. One analyst surveyed by Capital IQ expected $18.5 million.

Sanara shares were down nearly 2% in recent trading.

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