PolarityTE Reports Second Quarter 2020 Results

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Go back to PolarityTE Reports Second Quarter 2020 Results

PolarityTE (PTE) PT Raised to $4 at Cantor Fitzgerald

August 6, 2020 1:23 PM EDT

Cantor Fitzgerald analyst Kristen Kluska raised the price target on PolarityTE (NASDAQ: PTE) to $4.00 (from $3.00) while maintaining a Overweight rating.

The analyst commented, "We reiterate our OW rating on PTE following 2Q20 earnings. We are increasing our PT to $4 from $3 in light... More

PolarityTE (PTE) Tops Q2 EPS by 5c, Revenues Beat

August 6, 2020 7:54 AM EDT

PolarityTE (NASDAQ: PTE) reported Q2 EPS of ($0.33), $0.05 better than the analyst estimate of ($0.38). Revenue for the quarter came in at $2.27 million versus the consensus estimate of $830 thousand.

Highlights

Total revenues were $2.27 million in Q2:20 compared to $1.33 million in Q2:19SkinTE revenues were $0.94 million in Q2:20 compared to $0.50 million in Q2:19Paid Cases were 88 in Q2:20... More