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Sep 30, 2023
Semler Scientific Q3 2023 Earnings Report
Semler Scientific reported increased revenue and net income for Q3 2023.
Key Takeaways
Semler Scientific reported a 16% increase in revenue and a 50% increase in net income for the third quarter of 2023, driven by sales of QuantaFlo® for peripheral arterial disease testing. The company is focused on expanding its business in support of the diagnosis of heart dysfunction.
Revenue of $16.3 million, an increase of 16% compared to the corresponding period of 2022
Net income of $5.5 million, an increase of 50% compared to the corresponding period of 2022
Quarter-ending cash, cash equivalents and short-term investments of $56.0 million
Pre-tax net income of $7.0 million, an increase of $2.4 million, or 52%, compared to $4.6 million.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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