What Analysts Predict For Apyx Medical Corporation ($APYX) 2Q20?

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Apyx Medical Corporation (NASDAQ:APYX) is set to announce second quarter earning results on Monday 10th August 2020, before market open.

Analysts surveyed by Thomson Reuters are predicting, APYX to report 2Q20 loss of $ 0.21 per share.

For the full year, analysts anticipate top line of $ 17.14 million, while looking forward to loss of $ 0.66 per share bottom line.

Previous Quarter Performance

Apyx Medical Corporation revealed loss for the first quarter of $ 0.20 per share, from the revenue of $ 5.00 million. The quarterly revenues shrunk 11.82 percent compared with the same quarter last year. Street analysts expected Apyx Medical Corporation to report loss of $ 0.25 per share on revenue of $ 5.20 million for the first quarter. The bottom line results beat street analysts by $ 0.05 or 20.00 percent, at the same time, top line results fell short of analysts by $ 0.2 million or 3.85 percent.

Historical Earnings Performance
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Click Here For More Historical Earnings Of Apyx Medical Corporation

Stock Performance

According to the previous trading day, closing price of APYX was $ 5.00, representing a 77.94 % increase from the 52 week low of $ 2.81 and a 41.79 % decrease over the 52 week high of $ 8.59.

The company has a market capital of $ 170.92 million and is part of the Healthcare sector and Medical Instruments & Supplies industry.

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Conference Call

Apyx Medical Corporation will be hosting a conference call at 8:00 AM eastern time on 10th 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 apyxmedical.com

Apyx Medical Corporation, a medical technology company, manufactures and sells medical devices in the cosmetic and surgical markets worldwide. It operates through two segments, Advanced Energy and original equipment manufacturing (OEM). The company develops J-Plasma, a patented plasma-based surgical product for cutting, coagulation, and ablation of soft tissue.