Edap Tms (NASDAQ:EDAP) Posts Quarterly Earnings Results, Beats Estimates By $0.04 EPS

Edap Tms (NASDAQ:EDAP) released its quarterly earnings data on Wednesday. The medical equipment provider reported $0.05 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.01 by $0.04, Fidelity Earnings reports. The business had revenue of $14.04 million during the quarter, compared to analysts’ expectations of $11.92 million. Edap Tms had a negative return on equity of 1.13% and a negative net margin of 0.36%.

Shares of NASDAQ EDAP traded down $0.05 during trading hours on Thursday, reaching $3.42. The stock had a trading volume of 1,425 shares, compared to its average volume of 67,465. The firm has a market cap of $90.75 million, a price-to-earnings ratio of 172.50 and a beta of 1.76. The company has a current ratio of 2.40, a quick ratio of 1.97 and a debt-to-equity ratio of 0.09. Edap Tms has a fifty-two week low of $1.35 and a fifty-two week high of $5.42. The firm has a 50-day moving average of $2.99 and a 200-day moving average of $3.32.

EDAP has been the subject of several analyst reports. ValuEngine raised Edap Tms from a “hold” rating to a “buy” rating in a research report on Friday, August 23rd. TheStreet cut Edap Tms from a “b-” rating to a “d+” rating in a research report on Monday, June 17th. HC Wainwright set a $7.00 target price on Edap Tms and gave the company a “buy” rating in a research report on Tuesday, June 11th. Finally, Zacks Investment Research raised Edap Tms from a “sell” rating to a “hold” rating in a research report on Tuesday, July 16th.

About Edap Tms

EDAP TMS SA, together with its subsidiaries, develops, produces, markets, distributes, and maintains a portfolio of minimally-invasive medical devices for the treatment of urological diseases worldwide. The company operates in two divisions: High Intensity Focused Ultrasound (HIFU), and Urology Devices and Services (UDS).

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Earnings History for Edap Tms (NASDAQ:EDAP)

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