Intersect ENT: Q2 Earnings Insights


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


 

Shares of Intersect ENT (NASDAQ:XENT) remained unaffected after the company reported Q2 results.

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Quarterly Results

Earnings per share increased 24.62% year over year to ($0.49), which missed the estimate of ($0.43).

Revenue of $27,349,000 up by 179.64% year over year, which missed the estimate of $28,020,000.

Guidance

Intersect ENT hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.


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Conference Call Details

Date: Aug 06, 2021

Time: 08:30 AM

ET Webcast URL: https://services.choruscall.com/mediaframe/webcast.html?webcastid=42bLgRiD

Recent Stock Performance

Company's 52-week high was at $26.98

52-week low: $14.68

Price action over last quarter: Up 32.04%

Company Description

Intersect ENT Inc are a commercial drug delivery company committed to improving the quality of life for patients with ear, nose and throat conditions. It offer's PROPEL and PROPEL mini drug-releasing implants for patients undergoing sinus surgery to treat chronic sinusitis and PROPEL contour, a steroid-releasing implant to frontal and maxillary sinus ostia or openings of the dependent sinuses. The company generates revenues from the sale of our PROPEL family of products.


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Posted In: EarningsNewsBZI-Recaps