CASMED Reports Second-Quarter 2017 Financial Results

BRANFORD, Conn., Aug. 08, 2017 (GLOBE NEWSWIRE) -- CAS Medical Systems, Inc. (NASDAQ:CASM) (CASMED), a leader in non-invasive cerebral oximetry technology, today reported financial results for the three and six months ended June 30, 2017.

Net sales from continuing operations for the second quarter of 2017 were $4.6 million, unchanged from the second quarter of 2016. The Company incurred a net loss applicable to common stockholders for the second quarter of 2017 of $2.5 million, or $0.09 per share, compared with a net loss applicable to common stockholders for the second quarter of 2016 of $2.1 million, or $0.08 per share.

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