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Strata Skin Sciences, Inc. - $SSKN STOCK NEWS

Welcome to our dedicated page for Strata Skin Sciences news (Ticker: $SSKN), a resource for investors and traders seeking the latest updates and insights on Strata Skin Sciences stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Strata Skin Sciences's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Strata Skin Sciences's position in the market.

Rhea-AI Summary

STRATA Skin Sciences, Inc. will report its first quarter 2024 financial results on May 15, 2024, following the market close. The company specializes in developing and marketing products for dermatologic conditions. A conference call will be held to discuss financial results and corporate updates.

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STRATA Skin Sciences, Inc. announces the placement of six XTRAC® devices with dermatology clinics in the first quarter of 2024 that are considered 'comebacks.' These placements represent clinics rejoining STRATA's partner program after previously terminating their relationship, showcasing the value proposition of the program. With a focus on expanding device utilization and regaining lapsed customers, STRATA aims to grow its average revenue per device through increased marketing activities.

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STRATA Skin Sciences, Inc. announces a 1-for-10 reverse stock split effective June 6, 2024, to meet Nasdaq's bid price requirement. Shareholders approved the split, and the stock will trade under the symbol SSKN with a new CUSIP number. The split aims to maintain compliance and ensure a unified impact on all stockholders.

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STRATA Skin Sciences, Inc. will have its President and CEO, Dr. Dolev Rafaeli, present a corporate overview at the Planet MicroCap Showcase: VEGAS 2024. The conference will take place from April 30 to May 2, 2024, at the Paris Hotel & Casino in Las Vegas, with Dr. Rafaeli's presentation scheduled for May 1, 2024, at 2:30 pm Pacific Time. Investors can also schedule one-on-one meetings with Dr. Rafaeli during the conference. Those unable to attend can access all company presentations on the conference event platform.
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STRATA Skin Sciences, Inc. renews exclusive distribution agreements in China and Japan, accounting for 46% of total international revenue in 2023. The agreements are for three years with minimum unit placements and/or purchases of XTRAC and VTRAC devices, enhancing visibility and growth opportunities outside the U.S.
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STRATA Skin Sciences, Inc. (NASDAQ: SSKN) announces financial results for Q4 and full-year 2023, showcasing revenue of $8.7 million in Q4 and $33.4 million for the full year. The company reported a net loss of $3.8 million in Q4 and $10.8 million for the full year, with a focus on strategic growth, product innovation, and market expansion.
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PECA Labs, a medical device company, receives an additional CE Mark for its exGraft family of vascular grafts, allowing for post-operative expansion up to 140 percent. The company also opens a new facility for polymer processing and appoints Jeffrey O’Donnell, Sr. as executive chairman.
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STRATA Skin Sciences, Inc. (SSKN) to release fourth quarter and full-year 2023 financial results on March 27, 2024. Conference call to discuss financial results and corporate update scheduled for 4:30 PM ET. Webcast available for future reference.
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STRATA Skin Sciences, Inc. (SSKN) announces an initiative to expand insurance coverage for dermatologic treatments, focusing on vitiligo and atopic dermatitis. The company aims to increase patient access to advanced treatments and higher provider reimbursement rates through advocacy efforts and leveraging its patient database. Dr. Dolev Rafaeli emphasizes enhancing patient quality of life and ensuring access to essential care. STRATA is advocating for the expansion of CPT code coverage for phototherapy treatments, engaging with policymakers and patient advocacy societies to broaden access to XTRAC treatments.
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STRATA Skin Sciences, Inc. (NASDAQ: SSKN) successfully amends its credit and security agreement with MidCap Financial Trust, removing minimum revenue requirements for 2023 and introducing future financial covenants. This move enhances liquidity, financial flexibility, and aligns with the Company's business operations. The amendment supports operational and capital needs, enabling the company to advance its mission of delivering innovative dermatological solutions.
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Strata Skin Sciences, Inc.

Nasdaq:SSKN

SSKN Rankings

SSKN Stock Data

14.39M
11.94M
4.26%
67.01%
0.61%
Surgical and Medical Instrument Manufacturing
Manufacturing
Link
United States of America
HORSHAM

About SSKN

formerly mela sciences, strata skin sciences is a new company built by unconventional thinkers. a medical technology company that brings hope and help to the dermatology patient in all of us. it’s not just a device or a technology, it’s optimism for psoriasis, determination for improving patients’ lives, and advocacy for getting it right.