Hyperfine (NASDAQ:HYPR) Issues Quarterly Earnings Results

Hyperfine (NASDAQ:HYPR) announced its earnings results on Monday. The company reported ($0.14) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.16) by $0.02, Zacks reports. Hyperfine had a negative net margin of 309.42% and a negative return on equity of 57.54%. The company had revenue of $2.32 million for the quarter, compared to analysts’ expectations of $2.30 million. During the same quarter in the previous year, the company posted ($0.15) EPS. Hyperfine updated its FY 2025 guidance to EPS.

Hyperfine Stock Up 39.3 %

Shares of HYPR opened at $1.28 on Tuesday. Hyperfine has a 52-week low of $0.76 and a 52-week high of $1.90. The firm’s fifty day moving average is $1.07 and its two-hundred day moving average is $1.01. The stock has a market cap of $93.37 million, a PE ratio of -2.25 and a beta of 0.94.

About Hyperfine

Hyperfine, Inc, a medical device company, provides magnetic resonance imaging (MRI) products in the United States. The company offers Swoop Portable MR imaging system, which offers portable brain neuroimaging; and support and technical assistance services. It serves ICU, comprehensive, and primary stroke accredited facilities through direct sales and distributors.