Weiss Ratings Begins Coverage on Carlsmed (NASDAQ:CARL)

Weiss Ratings assumed coverage on shares of Carlsmed (NASDAQ:CARLGet Free Report) in a report released on Thursday,Weiss Ratings reports. The brokerage set a “sell (e)” rating on the stock.

Carlsmed Stock Performance

Carlsmed stock opened at $13.55 on Thursday. Carlsmed has a 52-week low of $11.81 and a 52-week high of $16.20.

Carlsmed (NASDAQ:CARLGet Free Report) last released its quarterly earnings data on Thursday, August 28th. The company reported ($1.47) earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.52) by $0.05. The business had revenue of $12.08 million during the quarter, compared to analyst estimates of $11.98 million.

About Carlsmed

(Get Free Report)

We are a commercial-stage medical technology company pioneering AI-enabled personalized spine surgery solutions with a mission to improve outcomes and decrease the cost of healthcare for spine surgery and beyond. We are focused on becoming the standard of care for spine fusion surgery. The aprevo Technology Platform consists of artificial intelligence (“AI”)-enabled software solutions, and interbody implants that we custom design for each patient’s unique pathology and vertebral bone topography, and single-use surgical instruments (the “aprevo Technology Platform”).

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