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MassDevice Earnings Roundup

SmileDirectClub dips on missed Q4 projections

March 5, 2021 By Sean Whooley Leave a Comment

SmileDirectClub (NSDQ:SDC) shares dipped during pre-market trading today on fourth-quarter results that missed the consensus forecast. The Nashville, Tenn.-based company posted losses of -$32.9 million, or -9¢ per share, on sales of $172.6 million for the three months ended Dec. 31, 2020, for a 66.1% bottom-line gain on a sales decline of -6.2%. SmileDirectClub’s EPS of […]

Filed Under: Business/Financial News, Dental, Featured, MassDevice Earnings Roundup, Wall Street Beat Tagged With: smiledirectclub

Senseonics sinks on mixed bag Q4, massive bottom-line slide

March 5, 2021 By Sean Whooley Leave a Comment

Senseonics (NYSE:SENS) shares took a hit today on fourth-quarter losses that missed the consensus earnings forecast. SENS shares were hit hard at market close yesterday after financial results were released, dipping -15.7% to $2.69 per share. In pre-market trading this morning, they are down -7.8% at $2.48 per share. The Germantown, Md.-based implantable continuous glucose monitor […]

Filed Under: Business/Financial News, Diabetes, Drug-Device Combinations, Featured, MassDevice Earnings Roundup, Patient Monitoring, Wall Street Beat Tagged With: Senseonics

Conformis dips 9% on Street-beating Q4 results

March 4, 2021 By Danielle Kirsh Leave a Comment

Conformis (NSDQ:CFMS) posted fourth-quarter results that beat the earnings consensus on Wall Street and matched on revenue. The Billerica, Mass.-based company reported losses of -$6.6 million, or -8¢ per share, on sales of $16.7 million for the three months ended Dec. 31, 2020, for a sales loss of -16.1% compared with Q4 2019. Earnings per share […]

Filed Under: MassDevice Earnings Roundup, Orthopedics, Wall Street Beat Tagged With: conformis

Magenta Therapeutics rises on Street-beating Q4

March 3, 2021 By Sean Whooley Leave a Comment

Magenta Therapeutics (NSDQ:MGTA) shares ticked up today on fourth-quarter earnings that topped the consensus forecast. The Cambridge, Mass.-based stem cell transplantation technology developer posted losses of -$18.2 million, or -38¢ per share for the three months ended Dec. 31, 2020, marking a 21.8% bottom-line gain. Get the full story at our sister site, Drug Delivery Business […]

Filed Under: Business/Financial News, Drug-Device Combinations, MassDevice Earnings Roundup, Regenerative Medicine, Stem Cells, Wall Street Beat Tagged With: magentatherapeutics

TransMedics jumps on Street-beating Q4 results

March 3, 2021 By Danielle Kirsh Leave a Comment

TransMedics (NSDQ:TMDX) posted fourth-quarter results this week that beat the consensus forecast on Wall Street. The Andover, Mass.-based company — a maker of transplant organ preservation tech — reported losses of -$6.3 million, or -23¢ per share, on sales of $7.6 million for the three months ended Dec. 31, 2020, for a sales growth of 25% […]

Filed Under: Business/Financial News, MassDevice Earnings Roundup, Wall Street Beat Tagged With: transmedics

SeaSpine ticks up on 6.2% sales growth in Q4, reports losses

March 2, 2021 By Danielle Kirsh Leave a Comment

SeaSpine Holdings (NSDQ:SPNE) posted fourth-quarter results that missed the consensus forecast on Wall Street. The Carlsbad, Calif.-based company reported losses of $10.3 million, or -37¢ per share, on sales of $46.4 million for the three months ended Dec. 31, 2020, for a sales growth of 6.2% compared with Q4 2019. Earnings per share were -37¢, 12¢ […]

Filed Under: Business/Financial News, MassDevice Earnings Roundup, Orthopedics, Wall Street Beat Tagged With: SeaSpine

Silk Road Medical reports losses in Q4, sales up 13%

March 2, 2021 By Danielle Kirsh Leave a Comment

Silk Road Medical (NSDQ:SILK) posted fourth-quarter results that missed the consensus forecast on Wall Street, citing a second wave of COVID-19 in the last quarter of 2020. The Sunnyvale, Calif.-based company reported losses of -$16.8 million, or -49¢ per share, on sales of $21.1 million for the three months ended Dec. 31, 2020, for a […]

Filed Under: Business/Financial News, Cardiovascular, MassDevice Earnings Roundup, Wall Street Beat Tagged With: Silk Road Medical Inc.

Inovio Pharmaceuticals posts Street-beating Q4, touts HPV trial results

March 1, 2021 By Sean Whooley Leave a Comment

Inovio Pharmaceuticals (NSDQ:INO) shares dipped after hours today after the company presented its fourth-quarter earnings and touted clinical trial results. INO shares finished the day up 4.5% at $11.60 per share but have since dropped -2.2% after hours to $11.35 per share. The Plymouth Meeting, Pa.-based company posted losses of -$24.3 million, or -14¢ per share, […]

Filed Under: Business/Financial News, Clinical Trials, Drug Pumps, Drug-Device Combinations, Featured, MassDevice Earnings Roundup, Wall Street Beat Tagged With: Inovio Pharmaceuticals

Dentsply Sirona skyrockets on Street-beating Q4

March 1, 2021 By Sean Whooley Leave a Comment

Dentsply Sirona (NSDQ:XRAY) shares soared this morning on fourth-quarter results that easily topped the consensus forecast. XRAY shares were up 13.7% at $60.35 per share in mid-morning trading today. The Charlotte, N.C.-based dental solutions company posted profits of $99 million, or 45¢ per share, on sales of $1.1 billion for the three months ended Dec. 31, […]

Filed Under: Business/Financial News, Dental, Featured, MassDevice Earnings Roundup, Wall Street Beat Tagged With: Dentsply Sirona

MedTech 100 Roundup: Small slide continues

March 1, 2021 By Sean Whooley Leave a Comment

On the back of several weeks of new records and strong performances, the medtech industry has finally hit a snag in its recent ascent. MassDevice‘s MedTech 100 index ended the week (Feb. 26) at 106.65 points, marking a 1.9% dip from the 108.72-point mark set one week before (Feb. 19). This highlights a similar drop from […]

Filed Under: Business/Financial News, Featured, Funding Roundup, MassDevice Earnings Roundup, Mergers & Acquisitions, Wall Street Beat Tagged With: Abiomed, iRhythm Technologies Inc., Medtronic, MiMedx Group Inc., Thermo Fisher Scientific, TransEnterix

ICU Medical dips despite Street-beating Q4

February 26, 2021 By Sean Whooley Leave a Comment

ICU Medical (NSDQ:ICUI) shares took a slight hit today on fourth-quarter results that topped the consensus forecast. The San Clemente, Calif.–based infusion therapy and critical care technology developer posted profits of $26.1 million, or $1.21 per share, on sales of $320.5 million for the three months ended Dec. 31, 2020, for a 2.7%  bottom-line gain […]

Filed Under: Business/Financial News, Drug Pumps, Featured, MassDevice Earnings Roundup, Vascular, Wall Street Beat Tagged With: ICU Medical

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