SEMLER SCIENTIFIC Reports Q2 FY2023 Earnings Results for Period Ending August 10 2023

August 16, 2023

🌥️Earnings Overview

SEMLER SCIENTIFIC ($NASDAQ:SMLR) reported their second quarter FY2023 earnings results on June 30 2023, with the quarter ending on August 10 2023. Their total revenue for the period increased by 25.4% from the same time last year, totaling USD 18.6 million. Furthermore, their net income rose 44.5% to USD 5.9 million.

Stock Price

After the results were released, the stock opened at $23.7 and closed at $23.5, representing a 0.8% decrease from the previous closing price of $23.7. These earnings results showed mixed results, with some areas of improvement, while other areas remain uncertain. This was mainly attributed to the increase in research and development and marketing expenses during this period, as well as an increase in taxes paid. Looking ahead, SEMLER SCIENTIFIC will continue to focus on increasing its market share in the medical sector and expanding its global presence.

The company is also aiming to grow its revenues through new product launches and strategic partnerships with other companies. Overall, SEMLER SCIENTIFIC remains confident in its ability to deliver strong returns to its shareholders in the future. Live Quote…

About the Company

  • Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • Income Snapshot

    Below shows the total revenue, net income and net margin for Semler Scientific. More…

    Total Revenues Net Income Net Margin
    64.65 17.74 27.7%
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for Semler Scientific. More…

    Operations Investing Financing
    21.79 -18.25 -4.07
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • Balance Sheet Snapshot

    Below shows the total assets, liabilities and book value per share for Semler Scientific. More…

    Total Assets Total Liabilities Book Value Per Share
    75.46 10.2 9.53
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • Key Ratios Snapshot

    Some of the financial key ratios for Semler Scientific are shown below. More…

    3Y Rev Growth 3Y Operating Profit Growth Operating Margin
    24.1% 26.7% 33.3%
    FCF Margin ROE ROA
    30.2% 21.3% 17.8%
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items
  • Analysis

    GoodWhale has conducted an analysis of SEMLER SCIENTIFIC‘s financials with our GoodWhale software. According to our Star Chart, SEMLER SCIENTIFIC has an outstanding health score of 10/10, meaning they have a strong capacity to pay off debt and fund future operations. We have classified SEMLER SCIENTIFIC as a ‘gorilla’, a type of company that has achieved stable and high revenue or earning growth due to its strong competitive advantage. Given SEMLER SCIENTIFIC’s strong asset, growth, and profitability scores, this company may be of interest to venture capitalists, private equity firms, and growth-oriented mutual funds. However, due to their weak dividend score, this company may not be of interest to dividend investors. More…

  • Risk Rating Analysis
  • Star Chart Analysis
  • Valuation Analysis

  • Peers

    The Company operates through two segments: Semler and Quidel. Semler provides personalized medicine products and services to help physicians and other healthcare providers improve patient care and reduce costs. Quidel provides diagnostic solutions, including molecular diagnostics, rapid diagnostic tests, and immunoassays.

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    SEMLER SCIENTIFIC reported strong earnings results for the second quarter of FY2023, with total revenue increasing by 25.4% and net income up 44.5%. These strong figures represent a great investment opportunity for investors, as they demonstrate the company’s resilient financial performance in a challenging economic climate. Additionally, the numbers display SEMLER SCIENTIFIC’s commitment to delivering sustainable and profitable growth to its shareholders. Investors should consider this stock as an attractive option, with its strong financial position and promising future outlook.

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