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PolarityTE reports Q2 EPS (92c) vs. (74c) a year ago.

Earlier, PolarityTE reported Q2 revenue of $1.33M vs. $320,000 a year ago. In the current quarter, $504,000 was from sales of SkinTE and $822,000 was associated with PolarityTE's contract research operations. In the second quarter of 2019, there were 46 paid cases vs. 41 paid cases in the first quarter of 2019. The number of paid cases in the second quarter of 2019 resulted in approximately 70% more SkinTE revenues when compared to SkinTE revenues generated in the first quarter of 2019. There were 14 repeat physician users in the second quarter of 2019 vs. 9 repeat physician users in the first quarter of 2019 and 14 new physician users in the second quarter of 2019 vs. 18 new physician users in the first quarter of 2019.

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Publication:The Fly
Article Type:Financial report
Date:Aug 8, 2019
Words:131
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