Dextera Surgical Inc. (DXTR) to Release Quarterly Earnings on Monday
Dextera Surgical Inc. (NASDAQ:DXTR) is scheduled to be announcing its earnings results after the market closes on Monday, November 6th. Analysts expect the company to announce earnings of ($0.07) per share for the quarter.
Dextera Surgical (NASDAQ:DXTR) last announced its earnings results on Tuesday, August 8th. The medical instruments supplier reported ($0.40) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.11) by ($0.29). The business had revenue of $1.05 million during the quarter, compared to analyst estimates of $1.03 million. On average, analysts expect Dextera Surgical to post $-0.25 EPS for the current fiscal year and $-0.21 EPS for the next fiscal year.
Dextera Surgical Inc. (DXTR) opened at 0.1915 on Monday. The firm has a 50-day moving average price of $0.25 and a 200 day moving average price of $0.35. Dextera Surgical Inc. has a 12 month low of $0.11 and a 12 month high of $2.33. The stock’s market capitalization is $7.73 million.
A number of analysts have recently commented on DXTR shares. Wedbush lowered their target price on Dextera Surgical from $3.50 to $0.70 and set an “outperform” rating on the stock in a research note on Wednesday, July 12th. Zacks Investment Research upgraded Dextera Surgical from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 10th. Finally, Ladenburg Thalmann Financial Services started coverage on Dextera Surgical in a research note on Wednesday, August 16th. They issued a “buy” rating and a $0.80 target price on the stock.
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About Dextera Surgical
Dextera Surgical Inc, formerly Cardica, Inc, designs and manufactures stapling devices that enable the advancement of minimally invasive surgical procedures. The Company is engaged in commercializing and developing its MicroCutter 5/80 stapler based on its staple-on-a-strip technology for use by thoracic, pediatric, bariatric, colorectal and general surgeons.
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