Hyperfine (HYPR) to Release Earnings on Tuesday

Hyperfine (NASDAQ:HYPR) is set to issue its quarterly earnings data after the market closes on Tuesday, November 12th. Analysts expect the company to announce earnings of ($0.14) per share for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Hyperfine (NASDAQ:HYPR) last released its earnings results on Thursday, August 8th. The company reported ($0.14) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.14). The company had revenue of $3.63 million during the quarter, compared to the consensus estimate of $3.15 million. Hyperfine had a negative return on equity of 51.72% and a negative net margin of 347.05%. During the same quarter in the previous year, the company posted ($0.15) earnings per share. On average, analysts expect Hyperfine to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Hyperfine Trading Down 1.0 %

Hyperfine stock traded down $0.01 during mid-day trading on Tuesday, hitting $0.96. The stock had a trading volume of 34,856 shares, compared to its average volume of 96,958. The stock has a 50-day simple moving average of $1.00 and a two-hundred day simple moving average of $0.97. The stock has a market capitalization of $69.72 million, a PE ratio of -1.67 and a beta of 0.85. Hyperfine has a 12 month low of $0.76 and a 12 month high of $1.45.

About Hyperfine

Hyperfine, Inc, a medical device company, provides magnetic resonance imaging (MRI) products in the United States. The company offers Swoop Portable MR imaging system, which offers portable brain neuroimaging; and support and technical assistance services. It serves ICU, comprehensive, and primary stroke accredited facilities through direct sales and distributors.