Recap: PolarityTE Q4 Earnings

PolarityTE PTE reported its Q4 earnings results on Wednesday, March 30, 2022 at 07:30 AM.

Here's what investors need to know about the announcement.

PolarityTE missed estimated earnings by 22.22%, reporting an EPS of $-0.11 versus an estimate of $-0.09.

Revenue was down $2.55 million from the same period last year.

Last quarter the company beat on EPS by $0.03 which was followed by a 0.51% increase in the share price the next day.

Here's a look at PolarityTE's past performance:

Quarter	Q3 2021	Q2 2021	Q1 2021	Q4 2020
EPS Estimate	-0.12	-0.10	-0.12	-0.16
EPS Actual	-0.09	-0.06	-0.12	-0.27
Revenue Estimate	810.00K	3.19M	3.30M	2.90M
Revenue Actual	1.12M	2.54M	4.71M	3.59M

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.