Motus GI Holdings, Inc. (NASDAQ:MOTS) is expected to report second quarter earnings results, after market close, on Tuesday 11th August 2020.
Analysts polled by Thomson Reuters anticipate second quarter loss of $ 0.21 per share from revenue of $ 0.02 million.
Looking ahead, the full year loss are expected at $ 0.66 per share on the revenues of $ 0.69 million.
Previous Quarter Performance
Motus GI Holdings, Inc. unveiled loss for the first quarter of $ 0.23 per share, from the revenue of $ 0.03 million. The quarterly earnings compared with the same quarter last year. Wall street analysts are predicting, MOTS to report 1Q20 loss of $ 0.22 per share from revenue of $ 0.12 million. The bottom line results missed street analysts by $ 0.01 or 4.55 percent, at the same time, top line results fell short of analysts by $ 0.09 million or 75 percent.
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Stock Performance
According to the previous trading day, closing price of MOTS was $ 1.25, representing a 171.74 % increase from the 52 week low of $ 0.46 and a 58.19 % decrease over the 52 week high of $ 2.99.
The company has a market capital of $ 36.07 million and is part of the Healthcare sector and Diagnostics & Research industry.
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Conference Call
Motus GI Holdings, Inc. will be hosting a conference call at 4:30 PM eastern time on 11th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.motusgi.com
Motus GI Holdings, Inc. operates as a medical technology company to enhance the endoscopy outcomes in the United States and Israel. It focuses on the development and commercialization of the Pure-Vu system, a medical device, which indicates to facilitate the cleaning of a poorly prepared colon during the colonoscopy procedure.
