Tenon Medical (TNON) Set to Announce Quarterly Earnings on Wednesday

Tenon Medical (NASDAQ:TNON) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, November 13th. Parties interested in registering for the company’s conference call can do so using this link.

Tenon Medical (NASDAQ:TNON) last issued its quarterly earnings data on Tuesday, August 13th. The company reported ($1.02) EPS for the quarter. The business had revenue of $0.90 million during the quarter. Tenon Medical had a negative net margin of 411.27% and a negative return on equity of 4,819.46%.

Tenon Medical Trading Up 3.9 %

Shares of TNON opened at $3.46 on Tuesday. Tenon Medical has a 12-month low of $2.80 and a 12-month high of $28.00. The stock has a market cap of $1.76 million, a P/E ratio of -0.10 and a beta of 2.15. The company has a 50-day moving average of $3.91 and a two-hundred day moving average of $1.81.

Analysts Set New Price Targets

Separately, Benchmark reiterated a “speculative buy” rating and set a $3.00 target price on shares of Tenon Medical in a report on Wednesday, August 14th.

About Tenon Medical

Tenon Medical, Inc, a medical device company, engages in the development of surgical implant systems to treat severe lower back pain in the United States and Puerto Rico. The company offers CATAMARAN SI-Joint Fusion System to fuse sacroiliac joints (SI-Joints) to treat SI-Joint dysfunction that often causes severe lower back pain; and features fixation device that passes through the axial and sagittal planes of the ilium and sacrum, as well as transfixes the SI joints.