Apyx Medical Corporation Q3 Loss decreases, but misses estimates

(RTTNews) - Apyx Medical Corporation (APYX) reported Loss for third quarter that decreased from last year but beat the Street estimates.

The company's earnings totaled -$4.629 million, or -$0.13 per share. This compares with -$5.764 million, or -$0.17 per share, in last year's third quarter.

Analysts on average had expected the company to earn -$0.11 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 31.4% to $11.976 million from $9.114 million last year.

Apyx Medical Corporation earnings at a glance (GAAP) :

-Earnings (Q3): -$4.629 Mln. vs. -$5.764 Mln. last year. -EPS (Q3): -$0.13 vs. -$0.17 last year. -Analyst Estimates: -$0.11 -Revenue (Q3): $11.976 Mln vs. $9.114 Mln last year.