Outset Medical (Nasdaq:OM) this week posted third-quarter results that were in line with earnings estimates and beat the revenue consensus on Wall Street. The San Jose, California-based home hemodialysis device maker reported net losses of $40.8 million, or –85¢ per share, on sales of $27.8 million for the three months ended Sept. 30, for a […]
Globus Medical posts mixed-bag Q3 results
Globus Medical (NYSE:GMED) this week posted third-quarter results that were in line with the revenue consensus on Wall Street but missed earnings estimates. The Audubon, Pennsylvania-based musculoskeletal device company reported profits of $47.4 million, or 47¢ per share, on sales of $254.14 million for the three months ended Sept. 30, for a bottom-line gain of […]
Medline Industries signs $140M distribution deal with Bryan Health
Medline Industries today announced it entered a multi-year prime vendor partnership with Nebraska-based Bryan Health to deliver medical supplies. Through the $140 million deal, Medline Industries will exclusively provide an extensive portfolio of essential medical supplies and solutions to Bryan Health’s acute care medical centers. “Medline’s proactive approach facilitated a smooth implementation and the customer […]
Si-Bone posts Q3 revenue in line with Wall Street consensus
Si-Bone (NSDQ:SIBN) this week posted third-quarter results that beat the earnings consensus on Wall Street and were in line with revenue estimates. The Santa Clara, California-based orthopedic implant company reported net losses of $14.2 million, or -41¢ per share, on sales of $26.43 million for the three months ended Sept. 30, for a sales growth […]
Shockwave Medical grows sales 101% in Q3, raises full-year guidance
Shockwave Medical (NSDQ:SWAV) this week posted third-quarter results that beat the overall consensus on Wall Street. The Santa Clara, California-based company has proprietary cardiovascular disease treatment tech involving local delivery of sonic pressure. It reported profits of $35 million, or 92¢ per share, on sales of $131.3 million for the three months ended Sept. 30. The […]
Ocular Therapeutix sinks on missed Q3 earnings
Ocular Therapeutix (NSDQ:OCUL) this week posted third-quarter results that missed the overall consensus on Wall Street. The Bedford, Massachusetts-based company reported net losses of $24.2 million, or -31¢ per share, on sales of $11.97 million for the three months ended Sept. 30, for a bottom-line loss over Q3 2021 when it reported $2.65 million in […]
Neuronetics shares rise on Street-beating Q3 results
Neuronetics (NSDQ:STIM) this week posted third-quarter results that beat the consensus on Wall Street. The Malvern, Pennsylvania-based psychiatric disorder treatment developer reported a net loss of $7.6 million, or -28¢ per share, on sales of $16.5 million for the three months ended Sept. 30, on sales growth of 19.56% compared with Q3 2021. Earnings per share […]
InspireMD grows sales 33% in Q3
InspireMD (NYSE:NSPR) this week posted third-quarter results that beat the overall consensus on Wall Street. The Tel Aviv, Israel-based company reported net losses of $4.5 million, or -58¢ per share, on sales of $1.43 million for the three months ended Sept. 30, for a sales growth of 33.61% compared with Q3 2021. Earnings per share […]
Acutus Medical faces Nasdaq delisting
Acutus Medical (Nasdaq:AFIB) announced that it received a letter from the Nasdaq stock market indicating unsatisfied listing requirements. The Carlsbad, California-based company said it received notification from Nasdaq that it has failed to maintain a minimum bid price of $1 per share for 30 consecutive business days. The notification of noncompliance has no immediate effect on […]
Ascensia Diabetes integrates its Eversense CGM with Apple Health
Ascensia Diabetes Care announced today that it has updated its Eversense Continuous Glucose Monitoring system app to integrate with Apple Health. The Parsippany, N.J.-based company makes the Contour Blood Glucose Monitoring (BGM) system and distributes Senseonics’ Eversense CGM system. The new Apple Health integration will allow people with diabetes using Senseonics’ Eversense CGM systems to […]
Cordis names Alan Tsai as GM of Greater China region
Cordis today announced it appointed Alan Tsai as general manager of its Greater China region. Tsai will head the leadership team that is responsible for strategic planning, business operation and team development in the Greater China region. He will be based in Shanghai and report directly to Bryan Loo, President of Cordis Asia Pacific. Tsai […]