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PAVM - PAVmed down 10% after-hours on quarterly earnings
PAVmed Inc.
Shares of PAVmed (NASDAQ:PAVM) are down 10% in after-hours trading after the company's Q3 2021 earnings results missed estimates on revenue, while EPS was in-line. On a non-GAAP basis, the company's net loss widened ~121% to ~$12.3M (-$0.10 per share adjusted). Operating expenses increased 148% to ~$13.7M The company ended the quarter with $37.3M in cash. Last month, PAVmed subsidiary Lucid Diagnostics (NASDAQ:LUCD) went public.