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Sensus Healthcare, Inc - SRTS STOCK NEWS

Welcome to our dedicated page for Sensus Healthcare news (Ticker: SRTS), a resource for investors and traders seeking the latest updates and insights on Sensus Healthcare stock.

Sensus Healthcare, Inc. (Nasdaq: SRTS) is a leading medical device company dedicated to providing non-invasive and cost-effective treatments for non-melanoma skin cancer and keloids. Utilizing a proprietary low-energy x-ray radiation technology known as Superficial Radiation Therapy (SRT), Sensus Healthcare has made significant advancements in the field over more than a decade of dedicated research and development. The company’s flagship products, the SRT-100™ and SRT-100 Vision™, effectively and safely treat a variety of oncological and non-oncological skin conditions, including basal cell and squamous cell skin cancers, as well as keloids.

Based in Boca Raton, Florida, Sensus Healthcare focuses on creating innovative, minimally-invasive solutions that address critical medical needs. The company has recently announced a multi-faceted collaboration with CureRays, a radiation oncology specialist organization headquartered in Atlanta and Grass Valley, California. This partnership aims to enhance the reach and efficacy of Sensus's SRT technology, further solidifying its position as a leader in the non-invasive treatment market.

Sensus Healthcare generates the majority of its revenue from customers within the United States, offering products and services that meet the highest standards of safety and effectiveness. The company’s proprietary technology has been incorporated into its diverse portfolio, which includes the SRT-100™, SRT-100 Vision™, and a comprehensive Sentinel service program that ensures optimal device performance and customer satisfaction.

Investors and stakeholders are encouraged to stay informed about Sensus Healthcare’s latest developments. Recently, the company announced it would hold a conference call on May 9, 2024, to discuss the financial results for the first quarter of 2024 and provide updates on recent and upcoming milestones. This call will offer an in-depth overview of the company’s financial health and strategic initiatives.

For more detailed information about Sensus Healthcare, its innovative technology, products, and recent news, please visit Sensus Healthcare’s official website.

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Sensus Healthcare (NASDAQ: SRTS) has partnered with Pompano Veterinary Oncology to pioneer mobile superficial radiotherapy (SRT) treatment for companion animals in South Florida. The veterinary practice has purchased an SRT-100™ system to provide treatments via a mobile van, both for home visits and veterinary clinics.

This marks the fourth SRT system being used for animal treatment, with two systems at Colorado State University School of Veterinary Medicine and one at Beit Veri College in Tel Aviv. The mobile service will complement Pompano Veterinary Oncology's existing treatments, including chemotherapy, immunotherapy, surgery, and tumor-specific electroporation therapy.

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Sensus Healthcare (NASDAQ: SRTS) reported strong Q3 2024 financial results with revenues reaching $8.8 million, a 127% increase from $3.9 million in Q3 2023. The company achieved net income of $1.2 million ($0.07 per diluted share) compared to a net loss of $1.5 million in the prior year. Key highlights include shipping 27 systems, entering seven new Fair Deal Agreements for SRT-100 Vision units, and maintaining a strong balance sheet with $22.6 million in cash and no debt. The company expects to have over 50 IG-SRT Systems signed under the Fair Deal Agreement recurring-revenue program by year-end.

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Sensus Healthcare (SRTS) reported strong Q3 2024 financial results with revenues more than doubling to $8.8 million compared to $3.9 million in Q3 2023. The company achieved net income of $1.2 million ($0.07 per diluted share) versus a net loss of $1.5 million in the prior year. They shipped 27 systems during the quarter and signed a significant Fair Deal Agreement with Platinum Dermatology, a network of 130 dermatology clinics. The company maintained a strong financial position with $22.6 million in cash and no debt. Gross profit margin improved to 59.3% from 51.0% year-over-year.

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Sensus Healthcare (Nasdaq: SRTS), a medical device company focused on non-invasive treatments, announces its upcoming Third Quarter 2024 financial results conference call scheduled for November 14, 2024, at 4:30 p.m. Eastern time. Management will discuss Q3 2024 financial results, provide business updates, and review recent and upcoming milestones. The call will be accessible via pre-registration or direct dial-in, with a replay available until December 14, 2024. A webcast will also be available through the company's website.

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Sensus Healthcare (Nasdaq: SRTS) has shipped an SRT system to Providence Swedish Hospital in Seattle, marking its latest success in expanding to community hospital oncology departments. The sale highlights growing interest in superficial radiotherapy (SRT) for treating non-melanoma skin cancer and keloids on an outpatient basis.

Dr. Christopher Loiselle, Medical Director of Radiation Oncology at Swedish Cancer Institute, praised the SRT system as state-of-the-art for treating skin cancers and other superficial conditions. Joe Sardano, CEO of Sensus Healthcare, expressed delight in Providence Swedish Hospital's recognition of SRT benefits and noted increasing inquiries from hospitals nationwide about offering non-invasive skin cancer treatments.

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Sensus Healthcare (SRTS) reported strong Q2 2024 financial results, with revenues doubling to $9.2 million compared to Q4 2023. The company achieved net income of $1.6 million ($0.10 per diluted share) and positive Adjusted EBITDA of $2.1 million. Key highlights include:

- Shipped 23 systems, including 3 SRT-100 units to Asia
- Signed 15 'Fair Deal Agreements' for SRT-100 Vision units
- Ended Q2 with $19 million in cash and no debt
- Accounts receivable increased to $18.3 million

The company's growth was driven by higher superficial radiotherapy unit sales and international expansion efforts, particularly in Asia. Management expects the Fair Deal Agreement program to generate recurring revenue starting in 2025.

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Sensus Healthcare (Nasdaq: SRTS) has announced a conference call scheduled for Thursday, August 8, 2024, at 4:30 p.m. Eastern time to discuss its second quarter 2024 financial results and provide a business update. The company, which specializes in non-invasive treatments for oncological and non-oncological conditions, encourages participants to pre-register for the call. Those unable to pre-register can dial in directly. The call will also be webcast live and accessible through the company's website. A telephone replay will be available until September 8th, and an archived webcast will be accessible in the Investor Relations section of the website.

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Sensus Healthcare (Nasdaq: SRTS), a medical device company specializing in non-invasive treatments for oncological and non-oncological conditions, has announced its upcoming second quarter 2024 financial results and business update conference call. The call is scheduled for Thursday, August 8, 2024, at 4:30 p.m. Eastern time.

Key points:

  • Management will discuss Q2 2024 financial results
  • A business update and discussion on recent and upcoming milestones will be provided
  • Participants can pre-register for the call or dial in directly
  • A webcast will be available on the company's Investor Relations website
  • A telephone replay will be accessible until September 8th
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Sensus Healthcare reported a strong first-quarter financial performance with revenues up over three-fold compared to the previous year. Revenues were $10.7 million, net income was $2.3 million, and adjusted EBITDA was $3.0 million. The company launched a recurring revenue program, the 'Fair Deal Agreement', to complement its fair market value lease program. Sensus Healthcare showcased its products at key industry events and announced significant sales and developments, including a U.S. patent for SRT-100 Vision System and international sales.

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Sensus Healthcare, Inc. announces the sale of an SRT-100 system to the Veterinary Specialist Referral Center in Tel Aviv, marking the first veterinary commercial sale of the device outside the U.S. This system will provide gentler radiotherapy to treat tumors in dogs and cats. The Knowledge Farm is the largest private Veterinary Specialty Referral Center in Israel, employing over 20 specialists and 30 veterinary technicians. The SRT-100 system has previously been acquired by Colorado State University for treating companion animals and conducting studies on equine ophthalmic tumors.

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FAQ

What is the current stock price of Sensus Healthcare (SRTS)?

The current stock price of Sensus Healthcare (SRTS) is $7.1 as of December 20, 2024.

What is the market cap of Sensus Healthcare (SRTS)?

The market cap of Sensus Healthcare (SRTS) is approximately 118.7M.

What is Sensus Healthcare, Inc.?

Sensus Healthcare, Inc. is a medical device company specializing in non-invasive treatments for non-melanoma skin cancer and keloids, utilizing proprietary Superficial Radiation Therapy (SRT) technology.

What products does Sensus Healthcare offer?

Sensus Healthcare offers the SRT-100™ and SRT-100 Vision™, which are devices designed to treat oncological and non-oncological skin conditions.

What is Superficial Radiation Therapy (SRT)?

Superficial Radiation Therapy (SRT) is a low-energy x-ray radiation technology used by Sensus Healthcare to treat conditions like non-melanoma skin cancer and keloids effectively and safely.

Where is Sensus Healthcare based?

Sensus Healthcare is based in Boca Raton, Florida.

What recent collaborations has Sensus Healthcare announced?

Sensus Healthcare recently announced a collaboration with CureRays, a radiation oncology specialist organization based in Atlanta and Grass Valley, California.

How does Sensus Healthcare generate its revenue?

Sensus Healthcare generates the majority of its revenue from customers in the United States through the sale of its medical devices and services.

What is the Sentinel service program?

The Sentinel service program is a comprehensive service offered by Sensus Healthcare to ensure optimal device performance and customer satisfaction.

When is the next conference call for Sensus Healthcare?

Sensus Healthcare will hold a conference call on May 9, 2024, to discuss the financial results for the first quarter of 2024 and provide updates on recent and upcoming milestones.

Where can I find more information about Sensus Healthcare?

More information about Sensus Healthcare can be found on their official website at www.sensushealthcare.com.

What conditions can Sensus Healthcare’s devices treat?

Sensus Healthcare’s devices can treat oncological skin conditions like basal cell and squamous cell skin cancers, as well as non-oncological conditions such as keloids.

Sensus Healthcare, Inc

Nasdaq:SRTS

SRTS Rankings

SRTS Stock Data

118.75M
13.27M
19.01%
24.27%
3.27%
Medical Devices
Surgical & Medical Instruments & Apparatus
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United States of America
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