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BioStem Technologies (OTCMKTS:BSEM) Releases Earnings Results, Beats Estimates By $0.31 EPS

BioStem Technologies logo with Medical background

BioStem Technologies (OTCMKTS:BSEM - Get Free Report) announced its quarterly earnings data on Monday. The company reported $0.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.37 by $0.31, Zacks reports. The firm had revenue of $10.29 million for the quarter, compared to the consensus estimate of $86.69 million.

BioStem Technologies Stock Performance

Shares of BioStem Technologies stock traded down $0.48 during trading hours on Friday, reaching $12.25. The company's stock had a trading volume of 96,304 shares, compared to its average volume of 66,340. BioStem Technologies has a one year low of $6.77 and a one year high of $28.26. The company's 50 day simple moving average is $11.31 and its 200 day simple moving average is $13.74. The stock has a market cap of $204.61 million, a P/E ratio of 18.01 and a beta of 0.09.

About BioStem Technologies

(Get Free Report)

BioStem Technologies, Inc, a life sciences corporation, focuses on discovering, developing, and producing pharmaceutical and regenerative medicine products and services. It develops various biologic stem cell based alternative products, as a treatment for ailments, such as joint pain, tendon and ligament injuries, neurodegenerative, and autoimmune diseases.

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Earnings History for BioStem Technologies (OTCMKTS:BSEM)

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