BioTelemetry (BEAT) Releases Earnings Results, Beats Expectations By $0.10 EPS

BioTelemetry (BEAT) reported quarterly earnings results on Tuesday, Apr-26-2016. The company said it had a profit of $0.20 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.10. Analysts had a consensus of $0.10. The company posted revenue of $48.60 million in the period, compared to analysts expectations of $46.54 million. The company’s revenue was up 12.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.06 EPS.

BioTelemetry opened for trading at $11.87 and hit $11.93 on the upside on Friday, eventually ending the session at $11.84, with a gain of 0.17% or 0.02 points. The heightened volatility saw the trading volume jump to 93,924 shares. Company has a market cap of $324 M.


Leave a Reply

BioTelemetry - Is it time to Sell?

Top Brokerage Firms are advising their investors on BioTelemetry. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.