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Polarityte Inc   (PTE)
Other Ticker:  
 
 
Price: $0.2410 $0.00 -0.823%
Day's High: $0.2536 Week Perf: -0.58 %
Day's Low: $ 0.23 30 Day Perf: -36.66 %
Volume (M): 8,503 52 Wk High: $ 0.75
Volume (M$): $ 2,049 52 Wk Avg: $0.44
Open: $0.24 52 Wk Low: $0.20



 Market Capitalization (Millions $) 2
 Shares Outstanding (Millions) 7
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) -8
 Cash Flow (TTM) (Millions $) -12
 Capital Exp. (TTM) (Millions $) 0

Polarityte Inc
Polarityte Inc is a regenerative medicine company that focuses on developing and commercializing products for wound care and tissue regeneration. The company utilizes its patented platform technology, called SkinTE, to create functional human skin using a patient's own cells. By providing a personalized treatment option, Polarityte aims to address the unmet needs of patients with various types of skin defects and injuries. The company's long-term goal is to revolutionize the field of regenerative medicine and improve patient outcomes in the wound care and tissue regeneration markets.


   Company Address: 1960 S. 4250 West Salt Lake City 84104 UT
   Company Phone Number: 560-3983   Stock Exchange / Ticker: NASDAQ PTE
   PTE is expected to report next financial results on March 26, 2024.


   

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Polarityte Inc

A Disappointing Quarter for Polarityte Inc as Financial Performance Takes a Steep Decline, Diminishing Future Prospects

Polarityte Inc has been consistently struggling to deliver financial growth and profitability to its shareholders. The latest financial results for the time-frame ending March 31, 2023, exhibit a concerning picture for the company's future prospects.
The company recorded an increased loss per share of $-0.58 for the financial year 2023 as compared to a loss of $-0.09 during the corresponding period last year. This represents a massive deterioration of the company's financial performance, taking it further away from profitability.






 




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