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.
Strata Skin Sciences Inc (SSKN) provides innovative medical technologies for dermatology practices, specializing in excimer laser treatments for conditions like psoriasis and vitiligo. This news hub offers investors and healthcare professionals timely updates on SSKN's financial developments, product innovations, and strategic partnerships.
Access official press releases covering quarterly earnings, FDA clearances, clinical study results, and partnership expansions with dermatology clinics. Our curated collection simplifies tracking SSKN's progress in advancing in-office phototherapy solutions and its unique recurring revenue model.
Discover updates about the XTRAC® excimer laser system, VTRAC™ lamp technologies, and SSKN's practice support programs. Content is organized chronologically for quick reference, with clear sourcing for regulatory filings and corporate announcements.
Bookmark this page to stay informed about SSKN's position in the $12B+ global dermatology devices market. Verify all information directly with SEC filings or company communications before making financial decisions.
STRATA Skin Sciences (NASDAQ: SSKN) reported second-quarter 2022 revenues of $9.1 million, a 23% increase from the previous year. Global recurring revenues remained stable at $5.6 million. The company launched TheraClear®X targeting the $5.5 billion acne care market. However, gross profit decreased to $5.0 million (55% margin) from $4.8 million (65% margin) due to higher amortization costs. A net loss of $1.9 million was recorded, compared to a net income of $1.1 million in Q2 2021. For 2022, STRATA anticipates revenue of $33.0 million to $35.0 million, indicating 10% to 17% growth.
STRATA Skin Sciences (NASDAQ: SSKN) announced the upcoming Key Opinion Leader (KOL) Call hosted by Ladenburg Thalmann on August 16, 2022, at 11:00 AM ET. Dr. Benjamin Lockshin will discuss the growing markets for psoriasis and vitiligo, emphasizing the role of STRATA’s XTRAC Excimer Laser in treatment outcomes. The call aims to highlight the company's innovative technologies, which include the XTRAC and Pharos excimer lasers and TheraClear X Acne Therapy System. Registration details for the live call are available on STRATA's website.
STRATA Skin Sciences, Inc. (NASDAQ: SSKN) announced plans to release its second quarter 2022 financial results on August 10, 2022, at 4:30 p.m. ET. The company will host a conference call to discuss these results and provide a corporate update, which will be available via webcast. STRATA specializes in developing and marketing innovative medical technologies for dermatologic conditions, including psoriasis and acne. Their offerings include excimer lasers and the new TheraClear®X Acne Therapy System.
STRATA Skin Sciences (NASDAQ: SSKN) has launched TheraClearX, a non-invasive acne treatment system, aimed at the $5.5 billion acne care market. The device utilizes a combination of vacuum technology and intense broadband light to target mild to moderate acne types. CEO Bob Moccia expressed confidence that this innovation will provide both dermatologists and patients with promising new treatment options, while contributing to the company's growth through its Partnership Program.
STRATA Skin Sciences, Inc. (NASDAQ: SSKN), a leader in dermatologic medical technology, will participate in the Lytham Partners Summer 2022 Investor Conference on June 21-22, 2022. This virtual event will include one-on-one meetings with management, aimed at enhancing investor engagement.
STRATA focuses on innovative treatment solutions for various skin conditions, including psoriasis and acne, through products like the XTRAC and TheraClear systems. The company’s unique business model emphasizes Direct to Consumer advertising to grow its partner dermatology clinics.
STRATA Skin Sciences, Inc. (NASDAQ: SSKN) has appointed Michael E. Goodman as its Head of International Sales, a newly created position aimed at enhancing the company's global market presence. Goodman, who has nearly two decades of experience in medical laser sales, will lead strategies across Europe, Asia, and Latin America. His role involves providing insights for successful international sales expansion. STRATA develops innovative dermatologic products, including excimer lasers for treating skin conditions affecting over 31 million U.S. patients.
STRATA Skin Sciences (NASDAQ: SSKN) reported Q1 2022 revenue of $7.0 million, a 21% increase from Q1 2021. Gross profit was $4.1 million (59% of revenues), down from 64% YoY. The company recorded a net loss of $2.5 million, equivalent to a loss of $0.07 per share. The installed base of XTRAC devices reached 903. Strata anticipates 2022 revenues between $33 million and $35 million, reflecting an expected 10%-17% growth. The company plans to launch a new FDA-approved product in Q3 2022 and expand into new markets globally.
STRATA Skin Sciences, Inc. (NASDAQ: SSKN) plans to announce its Q1 2022 financial results on May 11, 2022, at 4:30 p.m. ET, followed by a conference call. The company specializes in innovative dermatologic treatments, including excimer lasers for conditions like psoriasis and acne. With a growing portfolio including the recently acquired TheraClear® system, STRATA targets a $5.5 billion U.S. acne care market. The conference call will also provide a corporate update, and interested parties can access it through STRATA’s website.
STRATA Skin Sciences (NASDAQ: SSKN) has become a corporate sponsor of the Global Vitiligo Foundation, which aims to enhance the quality of life for those affected by vitiligo, impacting around 70 million people globally. CEO Bob Moccia emphasized the alignment of this partnership with STRATA's mission to develop innovative treatments for dermatological conditions. The company’s XTRAC excimer laser technology is designed for treating vitiligo and other autoimmune skin diseases, contributing to increased awareness and education concerning available treatment options.
STRATA Skin Sciences, Inc. (NASDAQ: SSKN) will participate in the Lytham Partners Spring 2022 Investor Conference from April 4-7, 2022. The company's webcast presentation is scheduled for 11:00 AM ET on April 4 and will be accessible via their website. Management will also hold virtual one-on-one meetings throughout the event. STRATA specializes in medical technology for dermatology, offering products like the XTRAC and Pharos excimer lasers for various skin conditions, impacting over 31 million patients in the U.S.