Semler Scientific (NASDAQ:SMLR) Posts Quarterly Earnings Results, Beats Expectations By $0.08 EPS

Semler Scientific (NASDAQ:SMLR) released its quarterly earnings results on Monday. The company reported $0.64 earnings per share for the quarter, topping the consensus estimate of $0.56 by $0.08, Yahoo Finance reports. The company had revenue of $14.47 million for the quarter. Semler Scientific had a return on equity of 30.36% and a net margin of 32.92%.

Semler Scientific Price Performance

Shares of Semler Scientific stock traded up $1.20 during midday trading on Tuesday, reaching $27.52. The company had a trading volume of 568,647 shares, compared to its average volume of 204,204. The stock has a fifty day moving average price of $33.41 and a 200 day moving average price of $34.00. The firm has a market cap of $194.57 million, a PE ratio of 9.86 and a beta of 1.00. Semler Scientific has a fifty-two week low of $20.88 and a fifty-two week high of $53.38.

Analysts Set New Price Targets

Separately, Lake Street Capital upgraded Semler Scientific to a “strong-buy” rating in a report on Wednesday, May 8th.

About Semler Scientific

Semler Scientific, Inc provides technology solutions to enhance the clinical effectiveness and efficiency of healthcare providers in the United States. The company's products include QuantaFlo, a four-minute in-office blood flow test that enables healthcare providers to use blood flow measurements as part of their examinations of a patient's vascular condition.