Investing.com - Polarityte reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Polarityte announced earnings per share of $-0.7500 on revenue of $0.00. Analysts polled by Investing.com anticipated EPS of $-1.1900 on revenue of $250K.
Polarityte shares are down 53.92% from the beginning of the year, still down 96.36% from its 52 week high of $20.75 set on January 18.
Polarityte follows other major Healthcare sector earnings this month
Polarityte's report follows an earnings beat by UnitedHealth on October 14, who reported EPS of $5.79 on revenue of $80.89B, compared to forecasts EPS of $5.43 on revenue of $80.52B.
J&J had beat expectations on October 18 with third quarter EPS of $2.55 on revenue of $23.79B, compared to forecast for EPS of $2.52 on revenue of $23.46B.
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