Sanara MedTech Q1 Net Loss Widens, Revenue Increases -- Shares Down-March 2024-www.financetom.com

Sanara MedTech Q1 Net Loss Widens, Revenue Increases -- Shares Down

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Sanara MedTech Q1 Net Loss Widens, Revenue Increases -- Shares Down

May 13, 2024 11:12 AM

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.

Price: 30.86, Change: -0.56, Percent Change: -1.78

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