Public disclosure of the second quarter financial results of EDAP TMS S.A. (NASDAQ:EDAP) are out prior to the opening of regular trading today.
The market is exercising caution when interpreting these numbers, primarily due to the figures surrendered to the street view
During the quarter, the company posted a loss of $0.18 per share, but managed to generate a substantial revenue of $16.97 million.
The performance failed to meet the street estimated $0.14 loss per share considering the revenue of $17.51 million.
The topline climbed 9.33 percent relative to the comparable quarter of year ago.
Tuesday's trading saw Edap TMS (EDAP) shares hit a low of $2.71 and a high of $3.22, with a day volume of 353.00 thousand shares. The stock closed the regular trading session at $2.87, showing 8.01 percent drop.