NASDAQ$SMLR

Semler Scientific Inc · Q3 2023 earnings

Q3 2023 earnings · · Investor relations

Briefing

Semler Scientific reported increased revenue and net income for Q3 2023.

Semler Scientific reported a 16% increase in revenue and a 50% increase in net income for the third quarter of 2023, driven by sales of QuantaFlo® for peripheral arterial disease testing. The company is focused on expanding its business in support of the diagnosis of heart dysfunction.

  • Revenue of $16.3 million, an increase of 16% compared to the corresponding period of 2022
  • Net income of $5.5 million, an increase of 50% compared to the corresponding period of 2022
  • Quarter-ending cash, cash equivalents and short-term investments of $56.0 million
  • Pre-tax net income of $7.0 million, an increase of $2.4 million, or 52%, compared to $4.6 million.

Headline financials

Total Revenue

$16.3M

Previous: $14M+16.2%
EPS (adj)

$0.71

Previous: $0.46+54.3%
Capital Expenditures

-$149K

Previous: $130K-214.6%
Free Cash Flow

$4.68M

Previous: $7.89M-40.7%
Net Income

$5.5M

Previous: $3.7M+48.6%
Operating Income

$6.3M

Previous: $4.47M+41.0%
Gross Profit

$15.2M

Previous: $12.9M+17.8%
Cash & Equivalents

$37.5M

Previous: $45.5M-17.7%
Total Assets

$79.4M

Previous: $60.9M+30.4%
R&D Expense

$1.17M

No prior period
Stock-Based Comp

$47K

Previous: $32K+46.9%

Revenue & EPS history

Semler Scientific · Revenue · Quarterly

$16.3M

Q3 2023+16.2%vs Q3 2022
Beat estimate in 8 of 14 quarters(57%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 6 quarterly earnings reports

Historical avg

-0.2%

Avg return

Earnings day

-2.4%

Avg return

5 days after

-5.8%

Avg return

30 days after

54%

25 / 46 earnings

Positive

+33.6%

Q4 2014

Best reaction

-33.3%

Q3 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2025-10.7%-16.0%-25.1%
Q2 2025-1.8%+2.0%-20.7%
Q1 2025-11.4%+17.9%-19.3%
Q4 2024+3.0%-12.4%-22.7%
Q3 2024+27.1%+29.9%+106.6%
Q2 2024-5.4%-1.7%-16.7%
Q4 2023-32.7%-36.8%-42.5%
Q3 2023+7.6%
Q2 2023+7.9%
Q1 2023+13.8%
Q4 2022+26.9%
Q3 2022-33.3%
Q2 2022+19.4%
Q1 2022-20.6%
Q4 2021-27.3%
Q3 2021-25.6%
Q2 2021-2.7%
Q1 2021+1.5%
Q4 2020+13.6%
Q3 2020+10.0%
Q2 2020-3.6%
Q1 2020-2.6%
Q4 2019+1.8%
Q3 2019+1.7%
Q2 2019+1.5%
Q1 2019-2.7%
Q4 2018+4.8%
Q3 2018-12.5%
Q2 2018+20.6%
Q1 2018+6.4%
Q4 2017+2.5%
Q3 2017+16.0%
Q2 2017-5.9%
Q1 2017+1.5%
Q4 2016+7.9%
Q3 2016-16.0%
Q2 2016+8.1%
Q1 2016-9.2%
Q4 2015-7.9%
Q3 2015+0.1%
Q2 2015-12.2%
Q1 2013+0.9%
Q4 2014+33.6%
Q3 2014-3.7%
Q2 2014-2.0%
Q1 2014+1.2%
Q4 2013
Q3 2013
Q2 2013
Q4 2012
Q3 2012

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