Jul. 30 at 4:08 PM
$UTMD slides 3% post-earnings — what's pressuring the stock? 📉
Q2 EPS of 94 cents, down 4% from the same quarter last year, with net sales falling 4.3% to
$10M. Sharp 38% drop in OEM domestic sales and international sales decline of 10.5% weigh heavily on results.
Full earnings breakdown here 👉 https://www.zacks.com/stock/news/2639705/utmds-q2-earnings-slip-yy-due-to-falling-oem-sales-stock-down-3?cid=sm-stocktwits-2-2639705-body-4829&ADID=SYND_STOCKTWITS_TWEET_2_2639705_BODY_4829