Streamline Health Solutions, Inc. (NASDAQ:STRM) is set to announce second quarter earning results on Wednesday 9th September 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, STRM to report 2Q20 loss of $ 0.05 per share from revenue of $ 2.27 million.
For the full year, analysts anticipate top line of $ 11.98 million, while looking forward to loss of $ 0.06 per share bottom line.
Previous Quarter Performance
Streamline Health Solutions, Inc. revealed income for the first quarter of $ 0.12 per share, from the revenue of $ 2.84 million. The quarterly earnings developed 1,100.00 percent while revenues decreased 49.82 percent compared with the same quarter last year.
The consensus estimates are loss of $ 0.06 per share from $ 2.58 million in revenue. The bottom line results beat street analysts by $ 0.18 or 300.00 percent, at the same time, top line results outshined analysts by $ 0.26 million or 10.08 percent.
Stock Performance
Shares of Streamline Health Solutions, Inc. traded up $ 0.17 or 12.14 percent on Tuesday, reaching $ 1.57 with volume of 114.80 thousand shares. Streamline Health Solutions, Inc. has traded high as $ 1.57 and has cracked $ 1.38 on the downward trend
According to the previous trading day, closing price of $ 1.57, representing a 164.15 % increase from the 52 week low of $ 0.53 and a 20 % decrease over the 52 week high of $ 1.75.
The company has a market capital of $ 49.06 million and is part of the Technology sector and Health Information Services industry.
Conference Call
Streamline Health Solutions, Inc. will be hosting a conference call at 9:00 AM eastern time on 10th September 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.streamlinehealth.net
Streamline Health Solutions, Inc. provides health information technology solutions and services for hospitals and health systems in the United States and Canada. It provides software-based solutions and auditing services, which captures, aggregates, and translates structured and unstructured data to deliver predictive insights to its clients.
