Apyx Medical (NASDAQ:APYX) Releases Earnings Results, Hits Expectations

Key Points

• Apyx Medical reported earnings of ($0.09) per share, meeting analysts' expectations, despite a revenue of $11.37 million that fell short of the forecast of $11.69 million.
• The company has a negative net margin of 37.11% and a negative return on equity of 143.12%, indicating financial struggles.
• Apyx Medical's stock price increased to $2.18, with a notable market cap of $82.38 million and a price-to-earnings ratio of -4.84.

Apyx Medical (NASDAQ:APYX - Get Free Report) issued its earnings results on Thursday. The company reported ($0.09) earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of ($0.09), Zacks reports. Apyx Medical had a negative net margin of 37.11% and a negative return on equity of 143.12%. The business had revenue of $11.37 million for the quarter, compared to analysts' expectations of $11.69 million. Apyx Medical updated its FY 2025 guidance to EPS.

Apyx Medical Price Performance

Shares of APYX traded up $0.22 during mid-day trading on Friday, reaching $2.18. 292,299 shares of the stock traded hands, compared to its average volume of 96,807. Apyx Medical has a 1 year low of $0.76 and a 1 year high of $2.73. The firm has a fifty day moving average price of $2.03 and a 200 day moving average price of $1.53. The company has a market cap of $82.38 million, a price-to-earnings ratio of -4.84 and a beta of 1.39. The company has a current ratio of 5.45, a quick ratio of 4.64 and a debt-to-equity ratio of 3.21.

Apyx Medical Company Profile

Apyx Medical Corporation, an energy technology company, engages in the design, development, and manufacture of medical devices in the United States and internationally. The company operates through two segments: Advanced Energy and Original Equipment Manufacturing (OEM). It offers Helium Plasma Generator for delivery of RF energy and helium plasma to cut, coagulate, and ablate soft tissue during open and minimally invasive surgical procedures.

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