IceCure(ICCM)
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IceCure Medical Ltd. (NASDAQ: ICCM) Earnings Report Highlights
Financial Modeling Prep· 2025-11-20 03:00
Earnings per Share (EPS) of -$0.056 missed the estimated EPS of -$0.05, indicating a shortfall in profitability.Reported revenue of $725,000 exceeded the estimated $714,000, showcasing higher-than-anticipated sales performance.Financial metrics reveal a price-to-sales ratio of 17.31 and a debt-to-equity ratio of 0.82, highlighting investor expectations and moderate debt management.IceCure Medical Ltd. (NASDAQ: ICCM) specializes in minimally-invasive cryoablation technology for the local treatment of low-ris ...
IceCure(ICCM) - 2025 Q3 - Earnings Call Transcript
2025-11-19 16:02
IceCure Medical (NasdaqCM:ICCM) Q3 2025 Earnings Call November 19, 2025 10:00 AM ET Company ParticipantsMichael Polyviou - Head of Investor RelationsRonen Tsimerman - CFOEyal Shamir - CEOConference Call ParticipantsAnthony V Vendetti - AnalystOperatorGood morning, and thank you for standing by. Currently, all of the participants are in listen-only mode. After management's discussion, there'll be a question-and-answer session. Please be advised that today's conference call is being recorded. I would now like ...
IceCure(ICCM) - 2025 Q3 - Earnings Call Transcript
2025-11-19 16:02
IceCure Medical (NasdaqCM:ICCM) Q3 2025 Earnings Call November 19, 2025 10:00 AM ET Company ParticipantsMichael Polyviou - Head of Investor RelationsRonen Tsimerman - CFOEyal Shamir - CEOConference Call ParticipantsAnthony V Vendetti - AnalystOperatorGood morning, and thank you for standing by. Currently, all of the participants are in listen-only mode. After management's discussion, there'll be a question-and-answer session. Please be advised that today's conference call is being recorded. I would now like ...
IceCure(ICCM) - 2025 Q3 - Earnings Call Transcript
2025-11-19 16:00
IceCure Medical (NasdaqCM:ICCM) Q3 2025 Earnings Call November 19, 2025 10:00 AM ET Speaker2Good morning, and thank you for standing by. Currently, all of the participants are in listen-only mode. After management's discussion, there'll be a question-and-answer session. Please be advised that today's conference call is being recorded. I would now like to turn the conference over to Michael Polyviou. Please go ahead.Speaker0Thank you, Ella, and welcome to IceCure Medical's conference call to review the finan ...
IceCure Reports Financial & Operational Results for the Nine Months Ended September 30, 2025
Prnewswire· 2025-11-19 13:54
Core Insights - The FDA granted marketing authorization for IceCure's ProSense® cryoablation system for local treatment of low-risk breast cancer in patients aged 70 and above, marking a significant milestone for the company and its technology [2][3][5] - The U.S. market for ProSense® is expected to expand significantly, with an estimated 200,000 patients eligible for treatment, including those not suitable for surgery and those with benign tumors [3][6] - The company anticipates increased demand for ProSense® systems, with installations expected to rise in 2026 following the FDA's approval [1][6] Regulatory Developments - ProSense® received FDA marketing authorization for treating low-risk breast cancer in women aged 70 and older, which is expected to open the U.S. market for IceCure's technology [2][7] - The company has also received regulatory approval in Switzerland for various indications, including breast cancer, which will facilitate commercial sales [8][6] Financial Performance - For the nine months ended September 30, 2025, IceCure reported revenues of $2.1 million, a decrease from $2.416 million in the same period in 2024 [8][10] - Gross profit for the same period was $626,000, with a gross margin of 30%, down from 43% in the previous year [10][12] - The net loss for the nine months ended September 30, 2025, was $10.811 million, or $0.18 per share, relatively unchanged from a net loss of $10.839 million, or $0.22 per share, in the prior year [14][10] Operational Highlights - The company plans to roll out ProSense® to 30 clinical and commercial sites across the U.S., pending FDA review of its post-market study protocol [6][5] - IceCure's U.S. sales team is actively working to increase installations and procedure volumes, with positive commercial traction expected [3][6] - The company has conducted multiple independent clinical studies validating the efficacy of ProSense®, with high rates of patient satisfaction and low recurrence rates reported [8][12] Upcoming Catalysts - Regulatory submission for ProSense® in Japan is expected in the first half of 2026, which could further expand the market for IceCure's technology [6][8] - The company anticipates potential reimbursement coverage for ProSense® procedures, which may increase following the FDA's marketing authorization [6][8]
IceCure Medical Ltd. (NASDAQ: ICCM) Quarterly Earnings Preview
Financial Modeling Prep· 2025-11-18 19:00
Core Insights - IceCure Medical Ltd. specializes in cryoablation technology, a minimally-invasive method for tumor destruction through freezing, and is set to release quarterly earnings on November 19, 2025, with Wall Street expecting an EPS of -$0.05 and revenue of approximately $714,000 [1] Financial Performance - The company has a negative price-to-earnings (P/E) ratio of -2.67, indicating negative earnings, and a negative earnings yield of -37.46%, highlighting ongoing financial difficulties [2] - ICCM's price-to-sales ratio stands at 17.53, suggesting that investors are willing to pay $17.53 for every dollar of sales [2] - The enterprise value to sales ratio is 16.45, slightly lower than the price-to-sales ratio, reflecting the company's valuation including its debt [3] - The enterprise value to operating cash flow ratio is -3.23, indicating challenges in generating positive cash flow from operations [3] Debt and Liquidity - ICCM has a debt-to-equity ratio of 0.82, showing a moderate level of debt compared to its equity, indicating that the company is not overly reliant on debt for financing [4] - The current ratio of 1.18 suggests that ICCM has a reasonable level of liquidity to cover its short-term liabilities, providing some financial stability amidst its challenges [4]
IceCure's ProSense® Cryoablation System Receives Regulatory Approval in Switzerland for Indications Including Breast, Lung, Liver, and Kidney Cancer
Prnewswire· 2025-11-18 13:30
This latest approval further broadens global access to ProSense® and supports IceCure's commercial momentum following the U.S. Food and Drug Administration's ("FDA") recent marketing authorization of ProSense® in low-risk breast cancer CAESAREA, Israel , Nov. 18, 2025 /PRNewswire/ --Â IceCure Medical Ltd. (NASDAQ: ICCM) ("IceCure", "IceCure Medical" or the "Company"), developer of minimally-invasive cryoablation technology that destroys tumors by freezing as an option to surgical tumor removal, today announ ...
IceCure Medical to Report Third Quarter 2025 Financial and Operating Results on November 19, 2025
Prnewswire· 2025-11-12 13:30
Accessibility StatementSkip Navigation CAESAREA, Israel, Nov. 12, 2025 /PRNewswire/ --Â IceCure Medical Ltd. (Nasdaq: ICCM) ("IceCure," "IceCure Medical" or the "Company"), developer of minimally-invasive cryoablation technology that destroys tumors by freezing as an option to surgical tumor removal, today announced that it will issue a press release with its financial and operational results as of and for the nine months ended September 30, 2025 before the Nasdaq Stock Market opens on Wednesday, November 1 ...
IceCure Promotes Shay Levav to Chief Operating Officer as Company Ramps up for Increased Commercial Traction
Prnewswire· 2025-11-10 13:30
Core Insights - IceCure Medical Ltd. has promoted Shay Levav to Chief Operating Officer to enhance operational effectiveness and capitalize on the commercial momentum following FDA marketing clearance for ProSense® [1][2] - ProSense® is the first FDA-authorized device for local treatment of early-stage, low-risk breast cancer, specifically for women aged 70 and above [3][4] - The ProSense® system utilizes liquid nitrogen for cryoablation, offering a minimally invasive alternative to surgical tumor removal, with applications in various cancers [4][6] Company Developments - The appointment of Shay Levav is expected to strengthen IceCure's operational foundation as the company expands its presence in the U.S. market [2] - Levav has been instrumental in the clinical and regulatory processes for ProSense® and will continue to oversee Regulatory Affairs, Quality Assurance, and Clinical Affairs in his new role [1][2] Product Overview - ProSense® enhances patient care by accelerating recovery, reducing pain, and minimizing surgical risks, making it suitable for office-based procedures [5] - The system is designed for the treatment of benign and cancerous lesions in various organs, including the breast, kidney, lung, and liver [4][6]
IceCure's Cryoablation System Combined with Radiation Therapy Successfully Treats Non-Small Cell Lung Cancer (NSCLC) with 92% Disease-Specific 5-year Survival
Prnewswire· 2025-11-03 13:30
Core Insights - IceCure Medical's Cryoablation System combined with stereotactic body radiation therapy (SBRT) shows a 5-year overall survival (OS) rate of 74%, significantly higher than the 41% - 52% OS rates reported for SBRT alone [1][6] - The study indicates that the combination therapy yields 5-year OS outcomes comparable to surgical options, which have an OS rate of 67% - 82% [1][6] - Lung cancer remains the most diagnosed cancer globally, with an incidence of 2.5 million cases, and is the leading cause of cancer-related deaths [1][5] Study Details - The independent study evaluated the effectiveness of combining SBRT with cryoablation for stage I non-small cell lung cancer (NSCLC) tumors measuring 2 cm [2] - A total of 64 patients with a mean tumor diameter of 2.7 cm were treated, with a median follow-up duration of 74 months [2][6] - The study was led by Dr. Hiroaki Nomori and involved multiple institutions in Japan [1][2] Results Summary - The 5-year local control rate was reported at 93% [6] - The 3-year disease-specific survival rate was 96%, and the 5-year disease-specific survival rate was 92% [6] - No treatment-related mortality was observed, although the most frequent complication post-cryoablation was pneumothorax, occurring in 40% of cases [6] Market Implications - The results of this study may significantly impact major markets, including the U.S. and Europe, by providing a minimally invasive treatment option for inoperable stage I NSCLC patients [2] - IceCure Medical's ProSense® system is positioned as a safe and effective alternative to surgical tumor removal, enhancing patient recovery and reducing complications [10][9]