Home Top Movers Vivos Therapeutics Inc. (VVOS) stock declines during pre market trading. Why is...

Vivos Therapeutics Inc. (VVOS) stock declines during pre market trading. Why is it so?

Vivos Therapeutics Inc. (NASDAQ: VVOS) stock surged by 1.51% at last close whereas the VVOS stock price tends to decline by 9.24% in the pre-market trading. Vivos Therapeutics Inc. is a medical technology company specializing in the development and commercialization of novel therapies for adult adults with sleep-disordered breathing, such as obstructive sleep apnea (OSA).

Get the hottest stocks to trade every day before the market opens 100% ‎free. Click here now. 

Financial Highlights

Vivos Therapeutics today announced the financial results and operating highlights for the first quarter ended March 31, 2021.

5 Stocks Under $10 That Are Poised to Take Off

Investing in stocks under $10 could significantly increase the returns on your portfolio, especially if you pick the right stocks! Within this report you will find 5 top stocks that offer investors huge upside potential and the best bang for their buck.

Add them to your watchlist before they take off!

Get the Top 5 Stocks Now!

Sponsored

Read More

  • Stay-at-Home Stocks Still A Healthy Investment?
  • Best Solar Stocks To Buy As We Approach 2021
  • The first quarter of 2021 brought in $3.4 million in revenue, rose 8% from the first quarter of 2020 when the revenue was $3.2 million.
  • The first quarter of 2021 saw a gross profit of $2.7 million, an improvement of 11% from the first quarter of 2020’s gross profit of $2.4 million.
  • In the first quarter of 2021, gross margin rose to 78 percent, up from 76 percent in the first quarter of 2020.
  • In the first quarter of 2021, general and administrative costs were $5.1 million, compared to $4.2 million in the first quarter of 2020.
  • The first quarter of 2021 saw a net loss of $3.4 million, compared to $2.6 million in the first quarter of 2020.
  • Cash and cash equivalents totaled $14.1 million as of March 31, 2021, and cash was increased as a result of a $27.6 million underwritten follow-on sale in May 2021.

Business Outlook

  • Vivos reached 17,000 total patients who are being treated with the Vivos System in the first quarter of 2021.
  • AireO2, a new patient and sleep practice management automation application, was commercially launched in January 2021, according to VVOS.
  • VVOS submitted a 510(k) application to the FDA in February 2021 for the Vivos mmRNA oral appliance, which is supposed to cure mild-to-moderate OSA.
  • VivoScore, operated by SleepImage, a robust home sleep test product and service, was also launched in February 2021.
  • VVOS opened the first Pneusomnia Center in March 2021, which is a clinician-owned, combined medical-dental sleep center that uses the Vivos System and is run by Vivos Therapeutics.

    Get the hottest stocks to trade every day before the market opens 100% ‎free. Click here now. 

  • VVOS has announced the launch of a new service called MyoCorrect in March, in which qualified professionals will offer orofacial myofunctional therapy through telemedicine to dentists participating in the Vivos Integrated Practice

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Must Read

ISun Inc. (ISUN) stock surged during current market trading. Here’s the update

ISun Inc. (NASDAQ: ISUN) stock gained by 19.51% in the current market trading. iSun, based in Burlington, Vermont, is a company built on ideals...

The Trade Desk Inc. (TTD) stock plunged during pre-market. Here’s to know why?

The Trade Desk Inc. (NASDAQ: TTD) stock gained by 0.76% at last close whereas the TTD stock price declines by 90.03% in the pre-market...

Synaptogenix Inc. (SNPX) stock soars during after-hour trading. Why so?

Synaptogenix Inc. (NASDAQ: SNPX) stock gained by 6.33% at last close while the SNPX stock price rises further by 13.48% in the after-hours trading...

Aprea Therapeutics Inc. (APRE) stock soars during current market trading. What’s the update?

Aprea Therapeutics Inc. (NASDAQ: APRE) stock gained by 41.03% at the last check in the current market trading. Aprea Therapeutics is a pharmaceutical business...

Roblox Corp. (NASDAQ: RBLX) stock falls during pre-market trading session. What’s happening?

Roblox Corp. (NASDAQ: RBLX) stock gained by 2.28% at last close while the RBLX stock price declines by 8.13% in the pre-market trading session....

Nano-X Imaging Ltd. (NNOX) stock gained in the current market trading. Here’s to know why?

Nano-X Imaging Ltd. (NASDAQ: NNOX) stock gained by 14.90% in the current market trading. Nanox which is an Israeli company started by serial entrepreneur...

Novan Inc. (NOVN) stock plunged during pre-market. Let’s find out why?

Novan Inc. (NASDAQ: NOVN) stock declined by 9.36% at last close while the NOVN stock price plunged by 18.77% in the pre-market trading. Novan...

The Trade Desk Inc. (TTD) stock plunged during pre-market. Here’s to know why?

The Trade Desk Inc. (NASDAQ: TTD) stock gained by 0.76% at last close whereas the TTD stock price declines by 90.03% in the pre-market...

Related News

Nano-X Imaging Ltd. (NNOX) stock gained in the current market trading. Here’s to know why?

Nano-X Imaging Ltd. (NASDAQ: NNOX) stock gained by 14.90% in the current market trading. Nanox which is an Israeli company started by serial entrepreneur...

Midatech Pharma Inc. (MTP) stock rises during pre-market trading. Here’s to know why?

Midatech Pharma Inc. (NASDAQ: MTP) stock surged by 2% at last close while the MTP stock price gains by 71.08% in the pre-market trading...

Why Northern Oil & Gas, Inc (NOG) stock faced headwinds in the after-hours on Wednesday?

Northern Oil & Gas, Inc (NOG) stock lost 4.39% in the after-hours on Wednesday, June 16, 2021, and close at $18.50 per share. Earlier...

Here is why Cellect Biotechnology Ltd. (APOP) stock shares rallied on Wednesday?

Cellect Biotechnology Ltd. (APOP) surged 56.88% in the after-market session on Wednesday, June 16, 2021, and close the day at $1.86 per share. Earlier...

Applied UV, Inc. (AUVI) stock is Popping High today: Here’s to know why

Applied UV, Inc. (AUVI) stock announced today that its SteriLumen Lumicide™ Ribbon which is its proprietary connected UVC disinfection platform for surface disinfection can...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

We do not sell or share your information with anyone.

Get Notified Of Insider Trades, Analyst Upgrades & Downgrades, Earnings Updates & Best Stocks To Trade Every Single Morning

100% free. stop anytime no spam