Semler Scientific Third Quarter 2024 Earnings: Beats Expectations

Semler Scientific (NASDAQ:SMLR) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$13.5m (down 17% from 3Q 2023).
• Net income: US$5.61m (up 1.7% from 3Q 2023).
• Profit margin: 42% (up from 34% in 3Q 2023). The increase in margin was driven by lower expenses.
• EPS: US$0.80.

All figures shown in the chart above are for the trailing 12 month (TTM) period

Semler Scientific Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) also surpassed analyst estimates by 95%.

The company's shares are up 27% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 4 warning signs for Semler Scientific (1 can't be ignored) you should be aware of.

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