Hyperfine (NASDAQ:HYPR) Announces Earnings Results

Hyperfine (NASDAQ:HYPR) posted its quarterly earnings results on Monday. The company reported ($0.14) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.16) by $0.02, Zacks reports. The company had revenue of $2.32 million during the quarter, compared to analyst estimates of $2.30 million. Hyperfine had a negative net margin of 309.42% and a negative return on equity of 57.54%. During the same period last year, the firm posted ($0.15) EPS. Hyperfine updated its FY 2025 guidance to EPS.

Hyperfine Price Performance

NASDAQ:HYPR opened at $1.28 on Tuesday. The firm has a market cap of $93.37 million, a price-to-earnings ratio of -2.25 and a beta of 0.94. The company has a 50 day moving average price of $1.07 and a 200-day moving average price of $1.01. Hyperfine has a 1-year low of $0.76 and a 1-year high of $1.90.

Hyperfine Company Profile

Hyperfine, Inc, a medical device company, provides magnetic resonance imaging (MRI) products in the United States. The company offers Swoop Portable MR imaging system, which offers portable brain neuroimaging; and support and technical assistance services. It serves ICU, comprehensive, and primary stroke accredited facilities through direct sales and distributors.