Invuity (IVTY) to Release Earnings on Monday

Invuity (NASDAQ:IVTY) is scheduled to release its earnings data after the market closes on Monday, February 12th. Analysts expect Invuity to post earnings of ($0.50) per share for the quarter.

Invuity (NASDAQ:IVTY) last posted its earnings results on Tuesday, November 7th. The medical instruments supplier reported ($0.52) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.56) by $0.04. Invuity had a negative net margin of 111.43% and a negative return on equity of 212.38%. The business had revenue of $9.60 million for the quarter, compared to analyst estimates of $9.87 million. On average, analysts expect Invuity to post $-2 EPS for the current fiscal year and $-2 EPS for the next fiscal year.

Shares of Invuity (IVTY) opened at $4.50 on Monday. The company has a debt-to-equity ratio of 5.39, a quick ratio of 2.47 and a current ratio of 2.90. Invuity has a 12 month low of $4.35 and a 12 month high of $9.70. The stock has a market cap of $77.13, a PE ratio of -1.82 and a beta of -0.50.

Several research firms have recently issued reports on IVTY. Zacks Investment Research lowered shares of Invuity from a “hold” rating to a “sell” rating in a research note on Wednesday, January 10th. Piper Jaffray Companies reaffirmed a “buy” rating and issued a $12.00 price target on shares of Invuity in a research note on Friday, November 10th. One analyst has rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $10.25.

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About Invuity

Invuity, Inc, a medical technology company, develops various surgical devices to address various surgical procedures in the United States. The company integrates its intelligent photonics technology platform into its single-use and reusable advanced surgical devices to address various critical intracavity illumination and visualization challenges.

Earnings History for Invuity (NASDAQ:IVTY)

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