Streamline Health Solutions, Inc. (NASDAQ:STRM) is reporting third quarter financial results on Tuesday 8th December 2020, after market close.
According to analysts surveyed by Thomson Reuters, STRM is expected to report 3Q20 loss of $ 0.07 per share from revenue of $ 2.64 million.
For the full year, analysts anticipate top line of $ 11.26 million, while looking forward to loss of $ 0.2 per share bottom line.
Previous Quarter Performance
Streamline Health Solutions, Inc. recorded loss for the second quarter of $ 0.04 per share, from the revenue of $ 2.89 million. The quarterly revenues decreased 39.67 percent compared with the same quarter last year. Street analysts expected Streamline Health Solutions, Inc. to report loss of $ 0.05 per share on revenue of $ 2.27 million for the second quarter. The bottom line results beat street analysts by $ 0.01 or 20.00 percent, at the same time, top line results outshined analysts by $ 0.62 million or 27.31 percent.
Stock Performance
Shares of Streamline Health Solutions, Inc. traded low $ -0.11 or -6.08 percent on Monday, reaching $ 1.70 with volume of 129.60 thousand shares. Streamline Health Solutions, Inc. has traded high as $ 1.87 and has cracked $ 1.70 on the downward trend
According to the previous trading day, closing price of $ 1.70, representing a 241.51 % increase from the 52 week low of $ 0.53 and a 5.73 % decrease over the 52 week high of $ 1.92.
The company has a market capital of $ 53.76 million and is part of the Technology sector and Health Information Services industry.
Streamline Health Solutions, Inc. provides health information technology solutions and services for hospitals and health systems in the United States and Canada. It provides software-based solutions and auditing services, which captures, aggregates, and translates structured and unstructured data to deliver predictive insights to its clients.
