STOCK TITAN

Helius Medical Technologies to Release Second Quarter of Fiscal Year 2020 Financial Results on August 12, 2020

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Helius Medical Technologies (NASDAQ: HSDT) will announce its second quarter fiscal year 2020 financial results on August 12th, after market close. A conference call, scheduled for the same day at 5:00 p.m. ET, will provide insights into the quarterly performance. Participants can join via phone or through a live webcast available on the investor relations website. The company focuses on neurological wellness, with its first product, the Portable Neuromodulation Stimulator (PoNS), aimed at treating gait deficits from mild to moderate neurological conditions. PoNS is currently under FDA review.

Positive
  • Scheduled release of Q2 2020 financial results could indicate transparency and ongoing communication with investors.
Negative
  • PoNS device remains investigational in the U.S. and other regions, limiting current commercial availability.

NEWTOWN, Pa., Aug. 10, 2020 (GLOBE NEWSWIRE) -- Helius Medical Technologies, Inc. (NASDAQ:HSDT) (TSX:HSM) (“Helius” or the “Company”), a neurotech company focused on neurological wellness, today announced that second quarter of fiscal year 2020 financial results will be released after the market closes on Wednesday, August 12th.

Management will host a conference call at 5:00 p.m. Eastern Time on August 12th to discuss the results of the quarter. Those who would like to participate may dial 877-407-2988 (201-389-0923 for international callers) and provide access code 13705949. A live webcast of the call will also be provided on the Events section of the Company's investor relations website and can be accessed directly via the following link: https://78449.themediaframe.com/dataconf/productusers/hls/mediaframe/39028/indexl.html.

For those unable to participate, a replay of the call will be available for two weeks at 877-660-6853 (201-612-7415 for international callers); access code 13705949. The webcast will be archived on the Events section of the Company’s investor relations website.

About Helius Medical Technologies, Inc.

Helius Medical Technologies is a neurotech company focused on neurological wellness. The Company’s purpose is to develop, license and acquire unique and non-invasive platform technologies that amplify the brain’s ability to heal itself. The Company’s first commercial product is the Portable Neuromodulation Stimulator (PoNS™). For more information, visit www.heliusmedical.com.

About the PoNS Device and PoNS Treatment

The Portable Neuromodulation Stimulator (PoNS) is an authorized class II, non-implantable medical device authorized for sale in Canada. PoNS is intended as a short term treatment (14 weeks) of gait deficit due to mild and moderate symptoms from MS and is to be used in conjunction with physical therapy and indicated as a short term treatment (14 weeks) chronic balance deficit due to mild-to-moderate traumatic brain injury and is to be used in conjunction with physical therapy. The PoNS is an investigational medical device in the United States, the European Union, and Australia, and is currently under review for clearance by the FDA and AUS Therapeutic Goods Administration. PoNS Treatment is currently not commercially available in the United States, the European Union or Australia.

Investor Relations Contact:

Westwicke Partners on behalf of Helius Medical Technologies, Inc.

Mike Piccinino, CFA

investorrelations@heliusmedical.com


FAQ

When will HSDT announce its Q2 2020 financial results?

Helius Medical Technologies (HSDT) will announce its Q2 2020 financial results on August 12, 2020, after market close.

What time is the HSDT conference call scheduled for?

The conference call for HSDT's Q2 2020 financial results is scheduled for 5:00 p.m. Eastern Time on August 12, 2020.

What product does Helius Medical Technologies focus on?

Helius Medical Technologies focuses on the Portable Neuromodulation Stimulator (PoNS), aimed at neurological wellness.

Is the PoNS device commercially available in the U.S.?

No, the PoNS device is currently investigational in the U.S. and not commercially available.

Helius Medical Technologies, Inc.

NASDAQ:HSDT

HSDT Rankings

HSDT Latest News

HSDT Stock Data

2.99M
3.58M
0.61%
8.31%
0.54%
Medical Devices
Electromedical & Electrotherapeutic Apparatus
Link
United States of America
NEWTOWN