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

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

Semler Scientific Stock Performance

Shares of NASDAQ:SMLR traded down $1.01 during trading hours on Wednesday, reaching $26.51. The stock had a trading volume of 196,727 shares, compared to its average volume of 204,156. Semler Scientific has a 1 year low of $20.88 and a 1 year high of $53.38. The stock has a market capitalization of $187.43 million, a price-to-earnings ratio of 10.16 and a beta of 1.00. The firm’s 50 day moving average is $33.44 and its 200-day moving average is $33.76.

Analyst Upgrades and Downgrades

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

About Semler Scientific

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.