Encision Inc. (ECIA) Releases Earnings Results
Encision Inc. (OTCMKTS:ECIA) issued its quarterly earnings data on Thursday. The medical device company reported $0.01 earnings per share (EPS) for the quarter, Bloomberg Earnings reports. Encision had a negative net margin of 1.03% and a negative return on equity of 4.85%. The firm had revenue of $2.16 million during the quarter.
Separately, ValuEngine raised shares of Encision from a “sell” rating to a “hold” rating in a research report on Saturday, July 22nd.
Encision Inc is a medical device company. The Company designs, develops, manufactures and markets surgical instruments that provide safety to patients undergoing minimally-invasive surgery. Its Active Electrode Monitoring (AEM) technology provides surgeons with the desired tissue effects of cutting and coagulating tissue in laparoscopic procedures, while preventing stray electrosurgical energy that can cause complications and even death.
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