Tenon Medical (TNON) to Release Earnings on Tuesday

Tenon Medical (NASDAQ:TNON) will be announcing its earnings results after the market closes on Tuesday, August 13th. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Tenon Medical (NASDAQ:TNON) last released its quarterly earnings results on Tuesday, May 14th. The company reported ($1.25) earnings per share for the quarter. The company had revenue of $0.72 million during the quarter. Tenon Medical had a negative return on equity of 1,267.31% and a negative net margin of 445.77%.

Tenon Medical Stock Down 0.7 %

TNON opened at $0.59 on Monday. The firm has a market cap of $2.23 million, a P/E ratio of -0.09 and a beta of 2.17. The business’s fifty day simple moving average is $0.65 and its 200 day simple moving average is $0.87. Tenon Medical has a 52 week low of $0.52 and a 52 week high of $4.70.

Analysts Set New Price Targets

Separately, Benchmark decreased their price target on shares of Tenon Medical from $5.00 to $3.00 and set a “speculative buy” rating on the stock in a research note on Monday, April 15th.

Tenon Medical Company Profile

Tenon Medical, Inc, a medical device company, engages in the development of surgical implant systems to treat severe lower back pain in the United States and Puerto Rico. The company offers CATAMARAN SI-Joint Fusion System to fuse sacroiliac joints (SI-Joints) to treat SI-Joint dysfunction that often causes severe lower back pain; and features fixation device that passes through the axial and sagittal planes of the ilium and sacrum, as well as transfixes the SI joints.