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Axogen Announces New VP of Operations and Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)
Newsfilter· 2025-01-10 22:00
Executive Appointment - Axogen Inc appointed Craig Swandal as Vice President of Operations, reporting to CEO Michael Dale and overseeing manufacturing, supply chain, and infrastructure strategies [1] - Craig Swandal has over 25 years of experience in global manufacturing leadership within the medical device sector, including roles at Tendyne (Abbott Labs), ATS Medical, and Gyrus Medical (Olympus) [2] - Swandal holds a Mini MBA in Medical Technology from St Thomas University and a Bachelor of Arts in Organizational Management and Communications from Concordia University [3] Equity Grant Details - Craig Swandal received an equity grant consisting of 58,000 Restricted Stock Units (RSUs) and 58,000 Performance Stock Units (PSUs) as an inducement for employment [4] - The RSUs vest over 4 years, with 50% vesting after the second year and 25% annually thereafter [5] - The PSUs vest based on company stock price performance goals between February 22, 2024, and February 22, 2027, with potential payouts ranging from 0% to 200% [5] Company Overview - Axogen is a global leader in developing surgical solutions for peripheral nerve injuries, focusing on nerve regeneration and repair [7] - The company's products are used in scheduled non-trauma procedures and emergent trauma procedures, addressing conditions like breast reconstruction, neuroma removal, and nerve decompression [8][9] Product Portfolio - Axogen's product portfolio includes Avance Nerve Graft, Axoguard Nerve Connector, Axoguard Nerve Protector, Axoguard HA+ Nerve Protector, and Axoguard Nerve Cap [10] - These products are designed for peripheral nerve repair and are available in multiple countries including the United States, Canada, Germany, and the United Kingdom [10]
AxoGen(AXGN) - 2024 Q4 - Annual Results
2025-01-10 13:01
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 8-K Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): January 10, 2025 AXOGEN, INC. (Exact Name of Registrant as Specified in Charter) Minnesota (State or Other Jurisdiction of Incorporation or Organization) 001-36046 (Commission File Number) 41-1301878 (I.R.S. Employer Identification No.) 13631 Progress Boulevard, Suite 400 Alachua, Florida (Addr ...
Axogen Reports Preliminary Unaudited Revenue for Fourth Quarter and Full-Year 2024
GlobeNewswire· 2025-01-10 13:00
ALACHUA, Fla. and TAMPA, Fla., Jan. 10, 2025 (GLOBE NEWSWIRE) -- Axogen, Inc. (NASDAQ: AXGN), a global leader in developing and marketing innovative surgical solutions for peripheral nerve injuries, today announced preliminary unaudited fourth quarter and full-year 2024 key financials. Preliminary Fourth Quarter and Year-End Key Business Highlights Fourth quarter revenue is expected to be approximately $49.4 million, which represents a 15.1% increase over the fourth quarter of 2023 driven by solid performan ...
Axogen: Well Placed To Capitalize Growth At Higher Multiples
Seeking Alpha· 2025-01-07 01:01
Following my last publication on Axogen (NASDAQ: AXGN ), the stock is +204% after a number of catalysts were realized into its stock price these past 12 months.Equity strategist + Co-PM Global Equities [Bernard Holdings]. Objective view on the directional bias of markets. Technical expertise bridges the complex relationships between value drivers, capital flows and price action. Partners are represented over the cross-section of financial markets, from speculators, hedgers, long-term traders and the public. ...
Is AxoGen (AXGN) Stock Outpacing Its Medical Peers This Year?
ZACKS· 2024-12-19 15:45
The Medical group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is AxoGen (AXGN) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Medical peers, we might be able to answer that question.AxoGen is one of 1020 companies in the Medical group. The Medical group currently sits at #3 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the avera ...
All You Need to Know About AxoGen (AXGN) Rating Upgrade to Buy
ZACKS· 2024-11-28 18:05
AxoGen (AXGN) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.The power of a chan ...
How Much Upside is Left in AxoGen (AXGN)? Wall Street Analysts Think 31.18%
ZACKS· 2024-11-25 15:56
AxoGen (AXGN) closed the last trading session at $13.34, gaining 0.2% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $17.50 indicates a 31.2% upside potential.The average comprises six short-term price targets ranging from a low of $15 to a high of $20, with a standard deviation of $1.64. While the lowest estimate indicates an increase of 12.4% from the current price level, the mo ...
AxoGen(AXGN) - 2024 Q3 - Earnings Call Transcript
2024-11-09 14:53
Axogen, Inc (NASDAQ:AXGN) Q3 2024 Results Conference Call November 7, 2024 8:00 AM ET Company Participants Michael Dale - Chairman and Chief Executive Officer Nir Naor - Chief Financial Officer Conference Call Participants Chris Pasquale - Nephron Research Michael Sarcone - Jefferies Caitlin Cronin - Canaccord Genuity Mike Kratky - Leerink Partners Jayson Bedford - Raymond James Ross Osborn - Cantor Fitzgerald Dave Turkaly - Citizens JMP Operator Good morning, everyone. Joining me on today's call is Michael ...
AxoGen(AXGN) - 2024 Q3 - Quarterly Report
2024-11-07 21:12
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Non-accelerated filer ☐ Smaller reporting company ☐ Emerging growth company ☐ FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to______________ Commission file number: 001-36046 Axogen, Inc. ...
AxoGen(AXGN) - 2024 Q3 - Quarterly Results
2024-11-07 12:08
Axogen, Inc Reports Third Quarter 2024 Financial Results and Provides BLA Update ALACHUA and TAMPA, FL – November 7, 2024 – Axogen, Inc. (NASDAQ: AXGN), a global leader in developing and marketing innovative surgical solutions for peripheral nerve injuries, today reported financial results and business highlights for the third quarter ended September 30, 2024. Third Quarter Financial Results • Third quarter revenue was $48.6 million, a 17.9% increase compared to the third quarter of 2023. • In the third qua ...