Wearable Health Solutions, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2023
May 22, 2023 at 05:11 pm EDT
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Wearable Health Solutions, Inc. reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported sales was USD 0.193745 million compared to USD 0.212982 million a year ago. Net loss was USD 0.522141 million compared to USD 7.37 million a year ago. Basic loss per share from continuing operations was USD 0.00034 compared to USD 0.00731 a year ago. Diluted loss per share from continuing operations was USD 0.00034 compared to USD 0.00731 a year ago.
For the nine months, sales was USD 0.608244 million compared to USD 0.819601 million a year ago. Net loss was USD 1.81 million compared to USD 12.09 million a year ago. Basic loss per share from continuing operations was USD 0.00118 compared to USD 0.01487 a year ago. Diluted loss per share from continuing operations was USD 0.00118 compared to USD 0.01487 a year ago.
Wearable Health Solutions, Inc. provides mobile health (mHealth) products and services to approximately 200 dealers and distributors throughout the globe (mostly Canada, United States and New Zealand). As a provider of personal emergency response devices, in the medical alarm device and eHealth sector, it provides wearable healthcare products, tracking services and turn-key solutions that enable its users to be proactive with their health, as well as safe and protected. The Companyâs flagship products are the iHelp devices, MediPendant, the iHelp+ 3G, iHelp Mini 4G and the 4G iHelp MAX, personal emergency alarms that are used to summon help in the event of an emergency at home. MediPendant is the Company's flagship medical alarm product and a monitored two-way voice speakerphone pendant for the personal emergency response system (PERS) industry. The Company also provides a medical alarm device called the iHelp. The iHelp+ 3G is its complete mPERS compliant product.
WEARABLE HEALTH SOLUTIONS, INC. 
