Revenue Update on InfuSystem Holdings Inc(NYSEMKT:INFU)

InfuSystem Holdings Inc(NYSEMKT:INFU) announced the earnings results for Fiscal Year 2016 and Q4. The results came in during Pre-Market on Mar 22, 2017. Based on the corporate Earnings and Guidance, many Investment Banking firms balance their portfolio to Sell and Buy Stocks based on their strategy of investing in stocks.Earnings per share were $-0.02.

InfuSystem Holdings Inc (INFU) made into the market gainers list on Fridays trading session with the shares advancing 3.57% or 0.075 points. Due to strong positive momentum, the stock ended at $2.175, which is also near the day’s high of $2.2. The stock began the session at $2.15 and the volume stood at 1,22,393 shares. The 52-week high of the shares is $3.75 and the 52 week low is $1.5501. The company has a current market capitalization of $49 M and it has 2,26,88,164 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Dec 19, 2016, Eric K Steen (CEO) purchased 12,000 shares at $2.33 per share price.Also, On Sep 16, 2016, Ryan J. Morris (director) purchased 23,171 shares at $2.85 per share price.On Aug 18, 2015, Jonathan P. Foster (CFO) purchased 1,000 shares at $2.92 per share price, according to the Form-4 filing with the securities and exchange commission.

InfuSystem Holdings Inc. is a provider of infusion pumps and related services. Through its subsidiaries the Company provides services to home oncology clinics ambulatory surgery centers and other sites of care from five locations in the United States and Canada. The Company delivers local field-based customer support and also operates pump service and repair Centers of Excellence in Michigan Kansas California Texas and Ontario Canada. The Company’s core service is to supply electronic ambulatory infusion pumps and associated disposable supply kits to oncology clinics infusion clinics and hospital outpatient chemotherapy clinics for cancers. The Company sells or rents new and pre-owned pole mounted and ambulatory infusion pumps and provides biomedical recertification maintenance and repair services for oncology practices as well as other alternate site settings including home care and home infusion providers skilled nursing facilities pain centers and others.

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