Misonix reports $7.3M in Q1 2018 revenue — 5 takeaways

MIS

Misonix reported its first quarter 2018 financial results, ending Sept. 30, 2017, according to Markets Insider.

Here are five takeaways from the first quarter of 2018:

 

1. Misonix saw revenue of $7.3 million, an 18 percent boost from the same period the year prior.

 

2. The company's U.S. consumables sales rose to $4.1 million, a 25 percent increase compared to the first quarter of 2017.

 

3. The gross profit was 70.1 percent, up from 69 percent in the first quarter of 2017.

 

4. Misonix reported a net loss of $1.2 million, or $0.14 per diluted share.

 

5. The company had cash of $10.5 million with no long-term debt, as of Sept. 30.

 

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Webinars

Featured Podcast

Featured Whitepapers