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BioStem Technologies (OTCMKTS:BSEM) Releases Earnings Results, Beats Expectations By $0.31 EPS

BioStem Technologies logo with Medical background

BioStem Technologies (OTCMKTS:BSEM - Get Free Report) issued its quarterly earnings results on Monday. The company reported $0.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.31, Zacks reports. The company had revenue of $10.29 million during the quarter, compared to analyst estimates of $86.69 million.

BioStem Technologies Stock Performance

Shares of OTCMKTS:BSEM traded down $0.48 during trading on Friday, reaching $12.25. 96,304 shares of the stock were exchanged, compared to its average volume of 66,340. The firm's 50-day moving average price is $11.31 and its 200 day moving average price is $13.74. The firm has a market cap of $204.61 million, a price-to-earnings ratio of 18.01 and a beta of 0.09. BioStem Technologies has a 12-month low of $6.77 and a 12-month high of $28.26.

BioStem Technologies Company Profile

(Get Free Report)

BioStem Technologies, Inc, a life sciences corporation, focuses on discovering, developing, and producing pharmaceutical and regenerative medicine products and services. It develops various biologic stem cell based alternative products, as a treatment for ailments, such as joint pain, tendon and ligament injuries, neurodegenerative, and autoimmune diseases.

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Earnings History for BioStem Technologies (OTCMKTS:BSEM)

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