Restoration Robotics (HAIR) Posts Earnings Results, Misses Expectations By $0.09 EPS

Restoration Robotics (NASDAQ:HAIR) announced its quarterly earnings results on Monday, May 14th. The company reported ($0.26) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.17) by ($0.09), Fidelity Earnings reports. The company had revenue of $5.01 million during the quarter, compared to analysts’ expectations of $6.64 million.

Shares of Restoration Robotics stock opened at $3.54 on Wednesday. The company has a market cap of $110.71 million and a PE ratio of -1.42. Restoration Robotics has a 1-year low of $3.16 and a 1-year high of $11.95. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.41 and a current ratio of 1.55.

HAIR has been the subject of several research reports. Craig Hallum initiated coverage on Restoration Robotics in a research note on Wednesday, February 14th. They set a “buy” rating and a $10.00 price objective for the company. Roth Capital set a $11.00 price objective on Restoration Robotics and gave the stock a “buy” rating in a research note on Tuesday, March 20th. Zacks Investment Research upgraded Restoration Robotics from a “sell” rating to a “hold” rating in a research note on Wednesday, May 9th. Finally, ValuEngine upgraded Restoration Robotics from a “sell” rating to a “hold” rating in a report on Wednesday, May 2nd.

Restoration Robotics Company Profile

Restoration Robotics, Inc, a medical device company, develops and commercializes image-guided robotic systems in the United States and internationally. The company offers ARTAS System, a physician-assisted robotic system that identifies and dissects hair follicular units directly from the scalp and creates recipient implant sites.

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