Hyperfine (NASDAQ:HYPR - Get Free Report) posted its quarterly earnings data on Tuesday. The company reported ($0.14) earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of ($0.14), Zacks reports. Hyperfine had a negative return on equity of 57.54% and a negative net margin of 309.42%. The company had revenue of $3.64 million during the quarter, compared to analysts' expectations of $3.40 million. During the same quarter in the previous year, the business earned ($0.15) EPS. Hyperfine updated its FY 2024 guidance to EPS.
Hyperfine Price Performance
HYPR remained flat at $0.88 during trading hours on Friday. The company had a trading volume of 141,677 shares, compared to its average volume of 100,248. The company's 50-day moving average price is $0.99 and its 200-day moving average price is $0.98. Hyperfine has a one year low of $0.76 and a one year high of $1.42. The firm has a market capitalization of $64.26 million, a price-to-earnings ratio of -1.48 and a beta of 0.85.
Hyperfine Company Profile
(
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Hyperfine, Inc, a medical device company, provides magnetic resonance imaging (MRI) products in the United States. The company offers Swoop Portable MR imaging system, which offers portable brain neuroimaging; and support and technical assistance services. It serves ICU, comprehensive, and primary stroke accredited facilities through direct sales and distributors.
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