Milestone Scientific (NYSE:MLSS) Releases Earnings Results, Misses Estimates By $0.01 EPS

Milestone Scientific (NYSE:MLSS) posted its quarterly earnings data on Thursday. The company reported ($0.02) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.01), Yahoo Finance reports. Milestone Scientific had a negative net margin of 74.50% and a negative return on equity of 93.64%. The business had revenue of $1.85 million during the quarter.

Milestone Scientific Trading Down 0.8 %

MLSS stock traded down $0.01 during trading on Friday, reaching $0.97. 62,905 shares of the stock were exchanged, compared to its average volume of 109,900. Milestone Scientific has a twelve month low of $0.52 and a twelve month high of $1.19. The company has a market capitalization of $75.10 million, a P/E ratio of -9.73 and a beta of 0.88. The stock has a 50 day simple moving average of $0.83 and a 200-day simple moving average of $0.73.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on shares of Milestone Scientific in a report on Wednesday. They issued a “hold” rating for the company.

Milestone Scientific Company Profile

Milestone Scientific Inc, a biomedical technology research and development company, patents, designs, develops, and commercializes diagnostic and therapeutic injection technologies, and devices for medical, dental, and cosmetic use in the United States, China, and internationally. The company operates through Dental and Medical segments.