Natus Medical Announces Second Quarter 2020 Financial Results
Natus Medical Incorporated (NTUS)
Last natus medical incorporated earnings: 4/30 04:01 pm
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Source: GlobeNewswire
Q2-2020 Key ResultsRevenue (millions)$84.8 • Newborn Care revenue increased 1% compared to second quarter last year • Reduced debt by $13.0 million during the quarter • NICVIEW II released during the quarterGAAP loss per share$0.26 Non-GAAP loss per share$0.13 PLEASANTON, Calif., July 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 and six months ended June 30, 2020. For the second quarter ended June 30, 2020, the Company reported revenue of $84.8 million, a decrease of 32.4% compared to $125.5 million reported for the second quarter 2019. GAAP gross margin was 47.8% during the second quarter of 2020 compared to 56.9% in the second quarter 2019. GAAP net loss was $8.9 million, or $0.26 per share, compared with GAAP net inco
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