CAS Medical Systems (CASM) Posts Earnings Results, Beats Expectations By $0.01 EPS

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CAS Medical Systems (NASDAQ:CASM) issued its quarterly earnings results on Wednesday. The medical technology company reported ($0.06) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.07) by $0.01, MarketWatch Earnings reports. The company had revenue of $5.38 million during the quarter, compared to analyst estimates of $5.23 million.

Shares of NASDAQ:CASM traded down $0.04 during trading on Thursday, reaching $1.80. The company had a trading volume of 12,735 shares, compared to its average volume of 50,202. The firm has a market cap of $54.63 million, a P/E ratio of -6.67 and a beta of -0.45. CAS Medical Systems has a twelve month low of $0.59 and a twelve month high of $2.70.

About CAS Medical Systems

CAS Medical Systems, Inc, a medical technology company, develops, manufactures, and markets non-invasive patient monitoring products worldwide. The company provides FORE-SIGHT tissue oximeter monitors, sensors, and accessories, as well as offers FORE-SIGHT ELITE monitors. Its FORE-SIGHT absolute tissue oximeter provides non-invasive and quantitative measurement of oxygenation for cerebral tissue during surgery or critical care situations.

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Earnings History for CAS Medical Systems (NASDAQ:CASM)

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