Welcome to our dedicated page for Semler Scientific news (Ticker: SMLR), a resource for investors and traders seeking the latest updates and insights on Semler Scientific stock.
Semler Scientific, Inc. (Nasdaq: SMLR) generates news at the intersection of medical technology and digital assets. The company describes itself as a leader in medical devices and software to combat chronic diseases and as one of the leading corporate holders of Bitcoin. Its press releases and SEC filings highlight both developments in its healthcare business and updates on its Bitcoin treasury strategy.
On the healthcare side, Semler Scientific issues news about its flagship product QuantaFlo, an FDA-cleared, patented rapid point-of-care test that measures arterial blood flow in the extremities and aids in the diagnosis of cardiovascular diseases such as peripheral arterial disease. The company also reports on CardioVanta, Inc., its wholly owned subsidiary focused on early detection of heart failure and cardiac arrhythmia monitoring, which is intended to operate with a software-as-a-service model.
From a financial and corporate perspective, Semler Scientific’s news flow includes quarterly and annual financial results, details of its Bitcoin purchases and holdings, and performance metrics such as BTC Yield, BTC Gain and BTC $ Gain. Releases describe capital-raising activities through at-the-market equity offerings and convertible senior notes, as well as financing arrangements like a master loan agreement with Coinbase Credit Inc. collateralized by Bitcoin. The company also provides updates on legal and regulatory matters, including a civil investigative demand from the U.S. Department of Justice and an agreement in principle to settle related claims.
Recent disclosures also cover corporate governance and strategic transactions, such as board appointments, executive changes and the announced Agreement and Plan of Merger under which Semler Scientific would be acquired by Strive, Inc. in an all-stock transaction. Investors and observers who follow SMLR news can expect a mix of earnings announcements, Bitcoin strategy updates, healthcare product developments and merger-related communications.
Semler Scientific (Nasdaq: SMLR) will report its fourth quarter and full year financial results for 2021 on February 28, 2022, after U.S. market close. A conference call hosted by CEO Doug Murphy-Chutorian will occur at 4:30 PM ET the same day, featuring senior executives Andrew Weinstein and Dennis Rosenberg. Participants can pre-register for the call to receive a passcode for immediate access. Semler Scientific specializes in technology solutions for healthcare and offers the FDA-cleared QuantaFlo®, a test to evaluate risks of chronic diseases.
Semler Scientific (SMLR) reported strong financial results for Q3 and nine months ending September 30, 2021. Revenues reached $14.0 million, a 30% increase year-over-year, with a pre-tax net income of $5.3 million, down 6% compared to last year. For the nine months, revenues surged 56% to $41.5 million, with total net income rising 82% to $15.7 million. Despite a sequential decline in fee-per-test revenue attributed to the Delta variant, the company remains profitable and expects ongoing revenue growth. Cash reserves improved to $35.9 million.
Semler Scientific, Inc. (Nasdaq: SMLR) announced it will release its financial results for Q3 and the first nine months of 2021 after U.S. markets close on November 1, 2021. CEO Doug Murphy-Chutorian will host a conference call at 4:30 PM ET, joined by senior finance and marketing executives. Participants can pre-register for the call and access it via phone if unable to register online. Semler specializes in technology solutions for healthcare providers, notably with its FDA-cleared QuantaFlo® product for diagnosing peripheral arterial disease.
Semler Scientific, Inc. (SMLR) announced CEO Doug Murphy-Chutorian and CMO Dennis Rosenberg's participation in several virtual investor conferences in September 2021. The events include the Colliers 2021 Institutional Investor Conference on September 9, H.C. Wainwright & Co. 23rd Annual Global Investment Conference on September 13, and the 2021 Best Ideas Growth (BIG5) Conference on September 14-15. Semler provides technology solutions to enhance healthcare provider effectiveness and offers the QuantaFlo® test for diagnosing peripheral arterial disease.
Semler Scientific (OTCQB: SMLR) reported a significant financial uplift for Q2 and H1 2021. Revenues surged to $14.3 million, marking a 125% increase from $6.4 million year-over-year. Net income also rose sharply by 522% to $6.7 million, with earnings per share reaching $1.00. The company holds $28.5 million in cash and aims for continued profitability and growth in the expanding peripheral arterial disease (PAD) testing market.
Semler Scientific, Inc. (SMLR) announced it will report its financial results for the second quarter and first half of 2021 on August 2, 2021, after U.S. markets close. The conference call will be hosted by CEO Doug Murphy-Chutorian at 4:30 PM ET, alongside senior finance and marketing executives. Semler focuses on technology solutions to enhance healthcare efficiency, having launched QuantaFlo®, a point-of-care test for diagnosing peripheral arterial disease. This test helps evaluate patient risk for heart attacks and strokes, aligning with Semler's mission to support better patient care.
Semler Scientific, Inc. (OTCQB: SMLR), based in Santa Clara, California, announced that CEO Doug Murphy-Chutorian and CMO Dennis Rosenberg will present an overview at the Raymond James Human Health Innovation Conference on June 22, 2021, at 12:00 pm ET. A live webcast of the presentation will be available on the company's website under "Events and Presentations". Semler focuses on technology solutions that enhance healthcare efficiency, including its FDA-cleared product, QuantaFlo®, designed for diagnosing peripheral arterial disease.
Semler Scientific (SMLR) reported a strong Q1 2021 with revenues of $13.2 million, up 40% from Q1 2020's $9.4 million. The company achieved a 74% increase in pre-tax net income to $6.0 million, translating to $0.73 per basic share. Cash reserves rose to $26.5 million, marking a substantial $15.3 million increase. Future growth is anticipated as Semler enters a distribution agreement worth $2.0 million for product inventory. The company aims to outpace expense growth while maintaining profitability.
Semler Scientific, Inc. (OTCQB: SMLR) announced it will report its first-quarter financial results for 2021 on May 3, 2021, after market close. A conference call will be hosted by CEO Doug Murphy-Chutorian at 4:30 PM ET the same day, alongside senior financial executives. Semler focuses on technology solutions to enhance healthcare provider efficiency and has a history of FDA-cleared products like QuantaFlo®, which helps assess cardiovascular risks. This upcoming announcement may provide insights into the company’s financial health and future outlook.
Semler Scientific, Inc. (OTCQB: SMLR) announced that CEO Doug Murphy-Chutorian and CMO Dennis Rosenberg will present at the 20th Annual Needham Virtual Healthcare Conference on April 13, 2021, at 4:30 pm ET. They will also engage in one-on-one calls with investors. A live webcast will be accessible under the "Events and Presentations" section of the Semler Scientific website. The presentation will be archived for 90 days.
Semler specializes in technology solutions for healthcare providers, focusing on chronic disease evaluation and management, including its FDA-cleared product QuantaFlo®.