CSIMarket
 
Assure Holdings Corp   (IONM)
Other Ticker:  
 
 
Price: $0.6868 $0.14 24.873%
Day's High: $0.69 Week Perf: 8.79 %
Day's Low: $ 0.56 30 Day Perf: 37.09 %
Volume (M): 326 52 Wk High: $ 4.17
Volume (M$): $ 224 52 Wk Avg: $0.60
Open: $0.57 52 Wk Low: $0.20



 Market Capitalization (Millions $) 4
 Shares Outstanding (Millions) 6
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) -39
 Cash Flow (TTM) (Millions $) -3
 Capital Exp. (TTM) (Millions $) 0

Assure Holdings Corp
Assure Holdings Corp is a medical company that specializes in providing neurophysiological monitoring services during spinal surgeries. The company utilizes intraoperative neuromonitoring (IONM) technology to monitor the integrity of the nervous system during surgical procedures in order to prevent damage or injury. Assure Holdings works with a team of highly trained technicians and professionals to ensure the safety and success of these surgeries. The company is dedicated to providing quality patient care and has established a strong reputation in the healthcare industry.


   Company Address: 7887 E. Belleview Ave., Suite 240 Denver 80111 CO
   Company Phone Number: 287-3093   Stock Exchange / Ticker: NASDAQ IONM
   


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
• View Complete Report
   



Merger and Acquisition

Assure Holdings Enters into Agreement to Sell Certain of its Assets to MPOWERHealth

Published Mon, Mar 11 2024 10:17 PM UTC


Denver-based medical technology company Assure Holdings Corp. (NASDAQ: IONM) announced on March 11, 2024, that it has reached an agreement with MPOWERHealth to sell certain assets of its intraoperative neuromonitoring (IONM) business for up to $4.5 million. The deal entails $2.5 million in cash at the initial closing, with an additional $2.0 million potentially paid bas...

Contract

Assure Holdings Corp. Strengthens Position in Healthcare with Danam Health, Inc. Merger

Published Mon, Feb 12 2024 2:59 PM UTC

Assure Holdings Corp. to Merge with Danam Health, Inc. in All-Stock TransactionAssure Holdings Corp., a publicly traded company specializing in healthcare services, has recently announced its plan to merge with Danam Health, Inc., a private pharmaceutical and healthcare services company. The transaction will be an all-stock arrangement, solidifying the partnership between th...

Assure Holdings Corp

Unprecedented Shortfall Strikes IONM in Q3 2023: What's in Store for Assure Holdings Corp?

During the past five days, Assure Holdings Corp shares have experienced a significant decline, dropping by 20.45%. This brings the year-to-date performance of the company to 7.11%. Assure Holdings Corp shares are currently being traded on the NASDAQ and are approximately 71.4% lower than its 52-week average.
In the third quarter of 2023, the company reported an increase in losses, with losses per share amounting to $-1.23 compared to $-0.09 the previous year. However, the earnings per share improved from $-1.63 in the prior quarter. Despite these developments, the revenue remained unchanged at $0.00 million, compared to $6.20 million in the corresponding quarter the previous year and sequentially from $1.14 million.

Assure Holdings Corp

Assure Holdings Corp Faces Alarming Financial Setback in Q2 2023: Skyrocketing Losses and a Drastic 30.6% Revenue Decline

Interpreting the Financial Results of Assure Holdings Corp
As an avid investor and a regular reader of The Wall Street Journal, I couldn't help but notice the concerning financial results of Assure Holdings Corp in their second quarter of 2023. The company reported a significant growth in losses, which can be attributed to weak business performance during this period.
One key indicator of this weak performance is the net loss per share, which increased from $-0.37 to $-1.63. This is a significant jump and indicates that the company struggled to generate profits during the second quarter. Additionally, their revenue witnessed a drastic decline of -30.638%, dropping to $1.14 million from $1.65 million in the previous year. This decline in revenue indicates a sharp contraction in their business activities.

Assure Holdings Corp

Assure Holdings Corp Faces Significant Losses in Q1 2023 as Revenue Plummets by -24.442%

Investing in the stock market can be an exciting yet risky proposition. As investors, we are always looking for companies that have the potential for strong growth and profitability. However, it is important to recognize that not all businesses are created equal, and some may face challenges that impact their financial performance. Assure Holdings Corp is a prime example of a company that has experienced weak business, resulting in significant losses for the most recent fiscal period.
According to the latest financial results, Assure Holdings Corp reported a shortfall per share that grew to $-4.09 from $-0.19, a decrease in revenue by -24.442 % to $3.55 million from $4.70 million a year before. The company's weak performance is a clear indication that they are struggling to meet their revenue targets and maintain profitability. The fact that the quarterly revenue turned positive, and the EPS improved in Q4 is encouraging. However, this is a small silver lining in an otherwise difficult situation.






 




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com