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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 to participate in Maxim Group Virtual Healthcare Conference
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On April 25, 2023, Sensus Healthcare, Inc. (SRTS) announced a conference call scheduled for May 3, 2023, at 4:30 PM ET to discuss first-quarter 2023 financial results. During this call, management will also provide a business update and discuss ongoing and upcoming milestones. Participants can pre-register for the call to receive a unique dial-in number, allowing them to bypass the operator. The live webcast will be accessible through the company’s website, with a replay available until June 3, 2023. Sensus Healthcare specializes in non-invasive treatments for oncological and non-oncological conditions, offering innovative devices for skin cancer and aesthetic procedures.

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Sensus Healthcare (Nasdaq:SRTS) has launched Sensus Cloud, a groundbreaking cloud-based platform designed for asset and EMR management in healthcare. This platform allows healthcare providers to collect real-time data from medical devices, streamlining patient monitoring and treatment management.

Key features include an intuitive interface for tracking patient treatment history, device usage, and service details, alongside predictive analytics for proactive care management. The system ensures data security with multi-factor authentication and encryption, enhancing user and patient data protection. Sensus Healthcare will showcase this innovative platform at the American Academy of Dermatology Annual Meeting from March 17-19, 2023.

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Sensus Healthcare reported a 65% increase in full-year revenues, totaling $44.5 million for 2022, driven by increased product demand. Fourth-quarter revenues reached $13.1 million, slightly up from $13.0 million year-over-year. However, net income fell to $2.8 million ($0.17 per share) compared to $5.3 million ($0.32 per share) in Q4 2021, largely due to rising manufacturing costs.

The company ended 2022 with $25.5 million in cash and no debt, with expectations of continued growth and a focus on expanding aesthetic product offerings in 2023.

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Sensus Healthcare, Inc. (Nasdaq: SRTS) will hold a conference call on February 9, 2023, at 4:30 p.m. ET to discuss its financial results for Q4 and the full year 2022. The call will include a business update and insights on recent and upcoming milestones. Investors can access the call through a dial-in number or via a live webcast. A replay of the call will be available until March 9, 2023. Sensus specializes in non-invasive medical devices that utilize proprietary low-energy X-ray technology for treating oncological conditions, enhancing patient quality of life.

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Sensus Healthcare (Nasdaq: SRTS) has announced key promotions and appointments within its management team to enhance growth and operational efficiency. Promoted to COO is Maggie Martinez, who has been with the company for nine years. Emiliano Sosa becomes CTO, focusing on engineering and technology expansion. Stephanie Tipton is now VP of Marketing, while Sean Delaney is appointed VP of Regulatory and Quality Assurance, and Wayne Lura becomes VP of Aesthetic Sales. These changes are part of Sensus' aggressive business strategy aimed at improving customer support and expanding market reach.

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Sensus Healthcare, Inc. (SRTS) reports strong preliminary revenues for Q4 2022 expected to exceed $13 million and an estimated $44 million for the full year, marking 60% growth over 2021. The fourth quarter revenues will also include over $500,000 from the aesthetics segment. Profitability is expected for both the quarter and the year. Plans for 2023 include expanding the domestic sales force, increasing trade show presence, and geographic expansion in the EU and Latin America.

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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
Link
United States of America
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