Escalon Medical (OTCMKTS:ESMC) Releases Earnings Results

Escalon Medical (OTCMKTS:ESMC) issued its quarterly earnings data on Friday. The medical equipment provider reported $0.02 earnings per share (EPS) for the quarter, Zacks reports. Escalon Medical had a negative return on equity of 13.10% and a negative net margin of 1.25%. The firm had revenue of $3.22 million during the quarter.

Escalon Medical Price Performance

Shares of ESMC stock opened at $0.16 on Friday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.99 and a current ratio of 1.66. The firm’s 50 day moving average price is $0.15 and its 200-day moving average price is $0.15. Escalon Medical has a one year low of $0.11 and a one year high of $0.27.

About Escalon Medical

Escalon Medical Corp. engages in the development, manufacturing, marketing, and distribution of medical devices and pharmaceuticals in the area of ophthalmology in the United States and internationally. It offers A-Scan, which provides information about the internal structure of the eye; B-Scan, a diagnostic tool that supplies information to physicians where the media within the eye are cloudy or opaque; UBM, a high frequency/high resolution ultrasound device, which provides detailed information about the anterior segment of the eye; and Pachymeter that measures the thickness of cornea.