VSee Health (VSEE) Expected to Announce Quarterly Earnings on Wednesday

VSee Health (NASDAQ:VSEE) is expected to post its resultson Wednesday, June 3rd. Analysts expect VSee Health to post earnings of ($0.11) per share and revenue of $4.80 million for the quarter.

VSee Health (NASDAQ:VSEE) last released its quarterly earnings data on Friday, May 15th. The company reported ($0.05) EPS for the quarter, topping the consensus estimate of ($0.11) by $0.06. The firm had revenue of $3.16 million for the quarter, compared to the consensus estimate of $4.80 million. VSee Health had a negative return on equity of 11,636.34% and a negative net margin of 92.36%.

VSee Health Trading Up 4.2%

VSEE opened at $0.17 on Wednesday. The business’s 50-day moving average price is $0.21 and its 200-day moving average price is $0.37. The company has a current ratio of 0.41, a quick ratio of 0.41 and a debt-to-equity ratio of 0.12. VSee Health has a 12 month low of $0.15 and a 12 month high of $2.52.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of VSee Health in a research note on Monday, April 20th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, VSee Health currently has an average rating of “Sell”.

Institutional Trading of VSee Health

A hedge fund recently bought a new stake in VSee Health stock. Virtu Financial LLC bought a new position in VSee Health, Inc. (NASDAQ:VSEE) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 66,489 shares of the company’s stock, valued at approximately $25,000. Institutional investors own 1.01% of the company’s stock.

About VSee Health

VSee Health is a telehealth technology company that develops secure, HIPAA-compliant software solutions for virtual care. The company’s flagship platform offers high-definition video visits, real-time messaging and collaboration tools designed to streamline remote consultations between patients and healthcare providers. VSee’s solutions are built to integrate with electronic health record systems and include features such as digital waiting rooms, screen sharing and file transfer capabilities.

In addition to video conferencing, VSee Health provides remote patient monitoring (RPM) tools that enable clinicians to collect biometric data, such as blood pressure, heart rate and glucose readings, from patients in their homes.