Strata Skin Sciences, Inc. (NASDAQ:SSKN) released its quarterly earnings results on Thursday. The medical device company reported ($0.52) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.71) by $0.19, Morningstar.com reports. Strata Skin Sciences had a negative net margin of 18.00% and a negative return on equity of 39.57%. The company had revenue of $8.70 million during the quarter, compared to analysts’ expectations of $7.98 million.
Shares of Strata Skin Sciences (NASDAQ:SSKN) opened at 1.73 on Friday. Strata Skin Sciences has a 1-year low of $0.43 and a 1-year high of $5.40. The company has a 50 day moving average of $2.07 and a 200 day moving average of $1.80. The company’s market cap is $4.20 million.
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A number of equities research analysts have issued reports on SSKN shares. Rodman & Renshaw upped their price target on shares of Strata Skin Sciences from $1.50 to $12.00 and gave the company a “buy” rating in a report on Tuesday, May 16th. ValuEngine upgraded shares of Strata Skin Sciences from a “strong sell” rating to a “sell” rating in a report on Friday, June 16th. Finally, HC Wainwright set a $12.00 price target on shares of Strata Skin Sciences and gave the company a “buy” rating in a report on Friday.
Strata Skin Sciences Company Profile
STRATA Skin Sciences, Inc, formerly MELA Sciences, Inc, is a medical technology company. The Company is engaged in developing and commercializing products for the diagnosis and treatment of dermatological disorders. The Company has three segments: Dermatology Recurring Procedures, Dermatology Procedures Equipment and Dermatology Imaging.
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