Semler Scientific First Quarter 2024 Earnings: Misses Expectations
Semler Scientific (NASDAQ:SMLR) First Quarter 2024 Results
Key Financial Results
Revenue: US$15.9m (down 13% from 1Q 2023).
Net income: US$6.07m (up 22% from 1Q 2023).
Profit margin: 38% (up from 27% in 1Q 2023). The increase in margin was driven by lower expenses.
EPS: US$0.88 (up from US$0.74 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Semler Scientific Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 26%. Earnings per share (EPS) also missed analyst estimates by 24%.
The company's shares are down 21% from a week ago.
Risk Analysis
Be aware that Semler Scientific is showing 1 warning sign in our investment analysis that you should know about...
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