Shares of Intersect ENT XENT remained unaffected after the company reported Q3 results.
Quarterly Results
Earnings per share increased 17.07% year over year to ($0.34), which beat the estimate of ($0.45).
Revenue of $22,720,000 declined by 5.55% from the same period last year, which beat the estimate of $21,370,000.
Outlook
Intersect ENT hasn't issued any earnings guidance for the time being.
Q4 revenue expected to be between $26,991,000 and $28,579,000.
Conference Call Details
Date: Nov 02, 2020
Time: 08:30 AM
ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/xent/mediaframe/41323/indexr.html
Price Action
Company's 52-week high was at $31.46
52-week low: $5.97
Price action over last quarter: down 20.72%
Company Profile
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.
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