Natus Medical Announces First Quarter 2020 Financial Results
Natus Medical Incorporated (NTUS)
Last natus medical incorporated earnings: 4/30 04:01 pm
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Source: GlobeNewswire
Q1-2020 Key ResultsRevenue (millions)$109.4 • Generated $17.4 million in operating cash flowGAAP loss per share$0.11 • Increased cash on hand to $107 millionNon-GAAP EPS$0.04 • Repurchased $10.5 million of stock during the quarter • Provides COVID-19 operations update PLEASANTON, Calif., April 30, 2020 (GLOBE NEWSWIRE) -- Natus Medical Incorporated (NASDAQ:NTUS) (the “Company” or “Natus”), a leading provider of medical device solutions focused on the diagnosis and treatment of central nervous and sensory system disorders for patients of all ages, today announced financial results for the three months ended March 31, 2020. For the first quarter ended March 31, 2020, the Company reported revenue of $109.4 million, a decrease of 4.7% compared to $114.8 million reported for the first quarter 2019. GAAP gross margin was 57.4% during the first quarter of 2020 compared to 57.9% in the first quarter 2019. GAAP net loss was $3.6 million, or $0.11 per share, compared with GAAP net l
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