Benzinga | Nov 9, 2020 07:21AM EST

Recap: Apyx Medical Q3 Earnings



Shares of Apyx Medical (NASDAQ:APYX) remained unaffected after the company reported Q3 results.

Quarterly Results

Earnings per share increased 15.38% over the past year to ($0.11), which beat the estimate of ($0.16).

Revenue of $6,954,000 declined by 8.20% from the same period last year, which beat the estimate of $5,680,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Details Of The Call

Date: Nov 09, 2020

Time: 08:00 AM

ET Webcast URL: https://78449.themediaframe.com/dataconf/productusers/apyx/mediaframe/40993/indexl.html

Technicals

52-week high: $8.59

52-week low: $2.81

Price action over last quarter: Up 15.22%

Company Description

Apyx Medical Corp is an energy technology medical device company. It specializes in developing, manufacturing and marketing a range of cosmetic and surgical products and technologies, as well as related medical products used in doctor's offices, surgery centers, and hospitals. The company's product offerings comprise Renuvion cosmetic technology, which offers plastic surgeons, facial plastic surgeons and cosmetic physicians a unique ability to provide controlled heat to the tissue to achieve desired results. The J-Plasma system allows surgeons to operate with a high level of precision and virtually eliminating unintended tissue trauma. It operates in two segments namely: Advanced Energy and Original Equipment Manufacturing (OEM). Its Advanced Energy segment derives majority revenue.