Apyx: Fourth Quarter Financial Overview

Apyx Medical Reports Fourth Quarter Financial Results

Apyx Medical Corporation, headquartered in Clearwater, Florida, announced a net loss of $1.3 million for the fourth quarter.

During this period, the company recorded a loss of $0.03 per share.

Total revenue for the quarter reached $19.2 million.

Looking at the full year, Apyx Medical reduced its net loss to $11.2 million, or $0.27 per share, with annual revenue totaling $52.8 million.

The company projects its revenue for the upcoming year to fall between $57.5 million and $58.5 million.

At the close of trading, Apyx Medical shares were priced at $3.43, a significant increase from $1.19 per share a year earlier.