Benzinga | May 13, 2021 04:02PM EDT

PolarityTE Q1 EPS $(0.24) Misses $(0.12) Estimate, Sales $4.71M Beat $3.30M Estimate

PolarityTE (NASDAQ:PTE) reported quarterly losses of $(0.24) per share which missed the analyst consensus estimate of $(0.12) by 100 percent. This is a 38.46 percent increase over losses of $(0.39) per share from the same period last year. The company reported quarterly sales of $4.71 million which beat the analyst consensus estimate of $3.30 million by 42.73 percent. This is a 404.82 percent increase over sales of $933.00 thousand the same period last year.