Semler Scientific (NASDAQ:SMLR) Posts Quarterly Earnings Results, Beats Expectations By $0.08 EPS

Semler Scientific (NASDAQ:SMLR) posted its earnings results on Monday. The company reported $0.64 earnings per share for the quarter, topping the consensus estimate of $0.56 by $0.08, Yahoo Finance reports. Semler Scientific had a net margin of 32.92% and a return on equity of 30.36%. The business had revenue of $14.47 million for the quarter.

Semler Scientific Price Performance

Shares of SMLR traded up $1.20 during trading hours on Tuesday, hitting $27.52. The stock had a trading volume of 568,647 shares, compared to its average volume of 204,204. The company’s fifty day moving average is $33.41 and its two-hundred day moving average is $34.00. Semler Scientific has a 52 week low of $20.88 and a 52 week high of $53.38. The stock has a market capitalization of $194.57 million, a price-to-earnings ratio of 9.86 and a beta of 1.00.

Analysts Set New Price Targets

Separately, Lake Street Capital raised shares of Semler Scientific to a “strong-buy” rating in a report on Wednesday, May 8th.

Semler Scientific Company Profile

Semler Scientific, Inc provides technology solutions to enhance the clinical effectiveness and efficiency of healthcare providers in the United States. The company's products include QuantaFlo, a four-minute in-office blood flow test that enables healthcare providers to use blood flow measurements as part of their examinations of a patient's vascular condition.