Helius Medical Technologies, Inc. Reports First Quarter 2019 Financial Results and Provides Business Update; Reaffirms Full Year 2019 Outlook
Helius Medical Technologies, Inc. - Class A (HSDT)
NASDAQ:AMEX Investor Relations:
heliusmedical.com/index.php/investor-relations/overview
Company Research
Source: GlobeNewswire
NEWTOWN, Pa., May 09, 2019 (GLOBE NEWSWIRE) -- Helius Medical Technologies, Inc. (Nasdaq:HSDT) (TSX:HSM) (“Helius” or the “Company”), a neurotech company focused on neurological wellness, today reported financial results for the first quarter ended March 31, 2019. First Quarter 2019 Financial Summary Revenue of $0.7 million, compared to no revenue in first quarter 2018.Operating loss of $6.8 million, compared to operating loss of $4.7 million in first quarter 2018.Net income of $1.3 million, compared to net loss of $1.2 million in first quarter 2018. First Quarter and Recent Business Highlights On March 5, 2019, the Company announced the first patients in Canada have begun PoNS Treatment.On April 10, 2019, the Company announced that the U.S. Food and Drug Administration (the “FDA”) had completed its review of the Company’s request for de novo classification and 510(k) clearance of the Portable Neuromodulation Stimulator (PoNS) device and declined the Company’s request.
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News
- Helius Medical Technologies, Inc. Provides Updates on Efforts to Achieve Fair Market Access for its Portable Neuromodulation Stimulator (PoNS®) DeviceGlobeNewswire
- Helius Medical Technologies, Inc. Announces Exploration of Strategic AlternativesGlobeNewswire
- Helius Medical Technologies, Inc. to Present at the 2024 ThinkEquity ConferenceGlobeNewswire
- Helius Medical Technologies, Inc. (NASDAQ: HSDT) had its "hold" rating re-affirmed by analysts at Maxim Group.MarketBeat
- Helius Medical Technologies, Inc. Announces Reimbursement Payment Determination Updates from CMS for its Portable Neuromodulation Stimulator (PoNS®) Controller and Mouthpiece [Financial Post (Toronto, Ontario, Canada)]Financial Post
HSDT
Earnings
- 3/28/24 - Beat
HSDT
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- 11/18/24 - Form 8-K
- 11/12/24 - Form 10-Q
- 11/8/24 - Form SC
- HSDT's page on the SEC website