Biomerica (BMRA) Issues Quarterly Earnings Results, Misses Expectations By $0.02 EPS
Biomerica (NASDAQ:BMRA) posted its quarterly earnings results on Thursday. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by ($0.02), Fidelity Earnings reports. The company had revenue of $1.13 million during the quarter, compared to analyst estimates of $1.53 million. Biomerica had a negative net margin of 19.46% and a negative return on equity of 27.29%.
BMRA traded up $0.02 during trading on Friday, hitting $3.57. The company had a trading volume of 444 shares, compared to its average volume of 7,640. The stock has a market capitalization of $32.01 million, a PE ratio of -32.43 and a beta of -0.64. Biomerica has a 1-year low of $2.60 and a 1-year high of $9.32.
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