Did This Tiny Company Just Signal the All-Clear for the Healthcare Industry?

During WWI, Londoners faced an unfamiliar threat -- German planes dropping bombs on the city. These air raids were the first sustained bombing campaign in history. Police devised a system of fireworks to alert citizens of a pending threat and carried signs advising the threat had passed. This "all-clear" signal has been adapted to many different kinds of threats and can be found in virtually every industry.

For Wall Street analysts, one of the biggest threats is uncertainty. As analysts try to build models predicting sales, expenses, and earnings per share down to the penny, they look to management to guide them in putting numbers in their spreadsheets. Sometimes, a company gives guidance that has implications for an entire industry. A tiny company may have just provided that type of indication for the healthcare industry, which is struggling to deliver profits as the coronavirus pandemic sidelines lucrative elective procedures.

Image source: Getty Images.

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Source Fool.com