CheckCap is developing C-Scan, an ingestible imaging capsule system for colorectal cancer screening that uses ultra-low-dose X-rays to detect precancerous polyps non-invasively. The system includes a scanning capsule, positioning patches, and software for mapping the colon's inner surface.
CheckCap (CHEK) reported a negative EPS surprise in its most recent quarterly earnings. For the most recent quarter, CheckCap's actual EPS was -$0.94, missing the estimate of -$0.46 per share, resulting in a -104.79% surprise.
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