Dynatronics Corporation (NASDAQ:DYNT) is reporting first quarter earnings results on Thursday 12th November 2020, before market open.
The consensus estimates from Thomson Reuters are loss of $ 0.12 per share.
For the full year, analysts predict revenues of $ 49.46 million, while looking forward to loss of $ 0.32 per share.
Previous Quarter Performance
Dynatronics Corporation recorded loss for the fourth quarter of $ 0.18 per share, from the revenue of $ 8.12 million. The quarterly revenues down 47.65 percent compared with the same quarter last year. Street analysts expected Dynatronics Corporation to report loss of $ 0.15 per share on revenue of $ 7.42 million for the fourth quarter. The bottom line results missed street analysts by $ 0.03 or 20 percent, at the same time, top line results outshined analysts by $ 0.70 million or 9.43 percent.
Stock Performance
Shares of Dynatronics Corporation traded low $ -0.01 or -1.65 percent on Wednesday, reaching $ 0.53 with volume of 519.50 thousand shares. Dynatronics Corporation has traded high as $ 0.57 and has cracked $ 0.52 on the downward trend
The closing price of $ 0.53, representing a 3.85 % increase from the 52 week low of $ 0.52 and a 85.41 % decrease over the 52 week high of $ 3.70.
The company has a market capital of $ 7.64 million and is part of the Healthcare sector and Medical Devices industry.
Recent Analyst recommendations
- On 29th September 2020, maintained by Aegis at Buy rating, with $ 1.65 target price.
Conference Call
Dynatronics Corporation will be hosting a conference call at 8:30 AM eastern time on 12th November 2020, to discuss its 1Q21 financial results with the investment community. The participants may dial, (844) 407-9500 Toll Free or (862) 298-0850 Toll Number in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.dynatronics.com
Dynatronics Corporation designs, manufactures, markets, and distributes orthopedic soft goods, medical supplies, and physical therapy and rehabilitation equipment in the United States and internationally. It offers ankle and wrist braces, hot packs, cold packs, lumbar rolls, cervical collars, slings, cervical pillows, bolsters, positioning wedges, back cushions, lotions and gels, paper products, athletic tape, splints, elastic wraps, exercise weights, exercise bands and tubing, electrodes, and rehabilitation and back products. The company also provides electrotherapy, ultrasound, phototherapy, and thermal therapy modalities; motorized and stationary treatment tables and mat platforms; custom athletic training equipment; and strength and cardio training equipment.
