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SRTS stock crashes after Q3 earnings miss (NASDAQ:SRTS)

Sensus Healthcare (SRTS), a maker of radiation therapy devices, dropped ~42% intraday on Friday after the company's Q3 2022 results fell short of Street forecasts while the.

Sensus Healthcare Jumps After Posting Surprise Profit

Sensus Healthcare Jumps After Posting Surprise Profit TheStreet 2/26/2021 © TheStreet Sensus Healthcare Jumps After Posting Surprise Profit Shares of Sensus Healthcare , the radiation-therapy-device maker, jumped on Friday after reporting a surprise fourth-quarter profit. The Boca Raton, Fla., company reported profit of 6 cents a share in the quarter, flat with the year-earlier quarter. Two analysts surveyed by FactSet were expecting a net loss of 11 cents per share. Revenue of $5.1 million was down 40% from $8.5 million a year earlier. Analysts were expecting revenue of $2.5 million. Although COVID-19 impacted sales, it also presented an opportunity for Sensus to offer a treatment for pneumonia in COVID-19 patients by delivering superficial radiation to the lung, Chief Executive Joe Sardano said in a statement.

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