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Stock impact report

Apyx Medical Corporation Reports Fourth Quarter and Full Year 2022 Financial Results; Introduces Full Year 2023 Financial Outlook

Apyx Medical Corporation (APYX) 
Last apyx medical corporation earnings: 3/16 04:27 pm Check Earnings Report
Company Research Source: Business Wire
CLEARWATER, Fla.--(BUSINESS WIRE)--Apyx Medical Corporation (NASDAQ:APYX) (the “Company”), the manufacturer of a proprietary helium plasma and radiofrequency technology marketed and sold as Renuvion®, today reported financial results for its fourth quarter and full year ended December 31, 2022, and introduced financial expectations for the full year ending December 31, 2023.Fourth Quarter 2022 Financial Summary:Total revenue of $12.6 million, down 25% year-over-year.Advanced Energy revenue of $10.5 million, down 30% year-over-year.OEM revenue of $2.1 million, up 15% year-over-year.Net loss attributable to stockholders of $6.0 million, compared to $2.0 million for the fourth quarter of 2021.Adjusted EBITDA loss of $4.1 million, compared to $0.3 million for the fourth quarter of 2021.Full Year 2022 Financial Summary:Total revenue of $44.5 million, down 8% year-over-year.Advanced Energy revenue of $36.8 million, down 14% year-over-year.OEM revenue of $7.7 million, up 39% year-over-ye Show less Read more
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