Modular Medical Inc   (MODD)
Other Ticker:  
Price: $1.9800 $0.23 13.143%
Day's High: $2 Week Perf: 11.24 %
Day's Low: $ 1.73 30 Day Perf: 10.61 %
Volume (M): 575 52 Wk High: $ 2.47
Volume (M$): $ 1,139 52 Wk Avg: $1.37
Open: $1.80 52 Wk Low: $0.84

 Market Capitalization (Millions $) 45
 Shares Outstanding (Millions) 23
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) -17
 Cash Flow (TTM) (Millions $) -6
 Capital Exp. (TTM) (Millions $) 2

Modular Medical Inc
Modular Medical Inc is a healthcare technology company that specializes in the development and production of modular medical solutions. The company focuses on creating innovative, modular systems and equipment that can be customized and easily adaptable to different healthcare settings.

Modular Medical Inc's products include modular hospital rooms, operating theaters, and medical units that are designed to be versatile and scalable. These modular systems enable healthcare providers to quickly respond to changing patient needs, as well as efficiently manage their resources.

The company's solutions aim to address challenges faced by healthcare facilities, such as the need for flexible space, rapid deployment during emergencies, and cost-effectiveness. Their modular systems can be easily assembled, disassembled, and reconfigured, allowing healthcare providers to efficiently utilize their resources and adapt to evolving demands.

Modular Medical Inc also offers comprehensive support services, including installation, maintenance, and training for their modular systems. They work closely with healthcare professionals to understand their specific requirements and deliver tailored solutions. Additionally, the company places great emphasis on quality and safety, ensuring that all their products meet the highest standards in healthcare.

Overall, Modular Medical Inc strives to provide healthcare providers with innovative and adaptable modular solutions that enhance patient care, optimize resources, and streamline operations in the healthcare industry.

   Company Address: 10740 Thornmint Road San Diego 92127 CA
   Company Phone Number: 800-3500   Stock Exchange / Ticker: NASDAQ MODD


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Modular Medical Inc

Modular Medical Inc: Struggling Stock Performance Raises Concerns amidst Operating Deficit

Modular Medical Inc, a renowned Medical Equipment & Supplies company, has experienced a significant decline in its stock performance over the past month. The downward trend brings the year-to-date performance to a concerning -35.48%. Additionally, the stock is currently trading on the NASDAQ at -0.7% below its 52-week average. These figures have led investors to scrutinize the company's financial results, particularly its operating deficit and revenue potential.
Financial Results Overview:
During the October to December 31, 2023 reporting cycle, investors did not anticipate any substantial changes at Modular Medical Inc. However, their attention was drawn to the company's operating deficit. It was reported that the operating deficit reached $-5.269 million, deteriorating from the third quarter's $-3.357897 million. The significant increase in the operating deficit has left market observers wondering whether the company will be able to generate sufficient revenue.

Modular Medical Inc

Modular Medical Inc's Operating Shortfall Soars to $-4.19 Million in Q2 2024: Can the Company Bounce Back?

Modular Medical Inc (MODD) has recently reported its operating shortfall for the second quarter of 2024, which stood at $-4.19 million. This marks a worsening of the situation compared to the same quarter in the previous year, where the operating shortfall was $-3.449111 million. However, investors and market observers are eagerly waiting for the company to cite a positive top-line performance.
Unfortunately, the most recent fiscal period has not been kind to Modular Medical Inc. Apart from the absence of top-line growth, the company has reported a massive net deficit of $-4.183 million. This represents a significant increase from the $-3.450 million deficit recorded in the same quarter last year.

Modular Medical Inc

Modular Medical Inc Surpasses Expectations with Impressive Financial Results and Promising Future Prospects

As the reporting season for the April to June 2023 period progresses, several companies, including some in the Medical Equipment & Supplies sector, have released their financial results. Among them, Modular Medical Inc stands out with certain noteworthy data points and projections that warrant closer attention. This article examines the recent performance of the company, interprets the significance of the provided information, and considers its potential impact on Modular Medical Inc's future prospects.
1. Modular Medical Inc's Share Performance:
Modular Medical Inc shares have experienced a notable increase of 1.94% over the past 30 days, while in the shorter term, MODD shares rose by 5% over the last five trading days. The positive share price movement reflects growing market confidence and investment interest in the company.

Modular Medical Inc

Modular Medical Inc Reports Financial Struggles in Q4 2023: $3.57M Operating Shortfall Shocks Shareholders

Modular Medical Inc, a prominent company in the medical industry, recently experienced a drop in its stock value by -10.69%, resulting in a year-to-date performance of -62.91%. This decline in stock value has raised concerns among shareholders who were hoping for positive changes in the company's financial performance.
During the reporting cycle from January to March 31, 2023, Modular Medical Inc recorded an operating shortfall of $-3.572213 million. While this figure may appear negative, it is noteworthy that it is an improvement from the previous quarter where the operating shortfall stood at $-4.027339 million. This positive comparison could be seen as a significant sign of progress for the company.



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