Sanara Medtech's earnings of $0.16 surpass expectations, while profits are also higher than anticipated.

According to Sanara Medtech's (NASDAQ: SMTI) report, the earnings per share for the first quarter was -$0.18, which is $0.16 better than analysts' expectations of -$0.34. The reported earnings for this quarter totaled $26.31 million, while analysts had forecasted $22.75 million.

Sanara Medtech's stock closed at $35.69, indicating a 6.54% increase over the past three months. However, it has experienced a 16.73% decline over the last 12 months. In the last 90 days, Sanara Medtech reported positive earnings per share, but negative earnings per share overall. Explore how Sanara Medtech's stock price responded to past earnings reports. According to InvestingPro, the company has a financial health score of "Fairly Good." Check out the latest earnings reports and all financial information about Sanara Medtech here. Stay updated on all developments regarding financial statements by visiting Investing.com's Earnings Calendar.