Please wait while we load the requested 10-Q report or click the link below:
Isoray Announces First Quarter Fiscal 2021 Financial Results
Revenue Increased 3% Year-Over-Year
Non-Prostate Brachytherapy Revenue Increased 104% Year-Over-Year
RICHLAND, WASHINGTON – November 10, 2020 –Isoray, Inc. (NYSE AMERICAN: ISR), a medical technology company and innovator in seed brachytherapy powering expanding treatment options throughout the body, today announced its financial results for the first quarter fiscal 2021 ended September 30, 2020.
Revenue for the first quarter of fiscal 2021 grew 3% to $2.38 million versus $2.32 million in the prior year comparable period. The company’s core prostate brachytherapy revenue declined 9% versus the first quarter of fiscal 2020 as procedure volumes continue to be impacted by general patient and physician concerns related to COVID-19. Prostate brachytherapy represented 79% of total revenue for the first quarter of fiscal 2021 compared to 90% in the prior year comparable period. Non-prostate brachytherapy revenue increased 104% versus the prior year comparable period. The majority of non-prostate brachytherapy revenue in the quarter was comprised of sales to treat brain cancer, including sales of GammaTile® Therapy. Net new physician customer count for the twelve-month period ended September 30, 2020 increased 11% versus the prior year comparable period.
Gross profit as a percentage of revenues decreased modestly to 52.3% for the three months ended September 30, 2020 versus 53.4% in the prior year comparable period. First quarter gross profit increased 1% to $1.25 million versus $1.24 million in the first quarter of fiscal 2020, as increased sales were offset by higher isotope unit costs resulting from increased transit costs due to the COVID-19 pandemic’s decrease in international commercial flight capacity and increased labor expenses.
The following information was filed by Isoray, Inc. (ISR) on Tuesday, November 10, 2020 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.
View differences made from one quarter to another to evaluate Isoray, Inc.'s financial trajectory
Compare this 10-Q Quarterly Report to its predecessor by reading our highlights to see what text and tables were
removed , and by Isoray, Inc..