Robert Wares, Osisko Metals CEO, commented: "We are very pleased with these new drill results at Gaspé, which have exceeded our expectations. All holes intersected significant disseminated mineralization within the volume of the 2024 MRE model, and new mineralization has been added at depth well below the base of the 2024 MRE model, which was constrained to the lower contact of the C Zone skarn horizon. Drill core from historical hole 30-947 was also recovered and assayed, yielding positive results and indi ...

Outset Medical, Inc. (OM) closed the last trading session at $10.91, gaining 15.3% 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 $31.49 indicates an 188.6% upside potential.The average comprises five short-term price targets ranging from a low of $7.50 to a high of $45, with a standard deviation of $18.67. While the lowest estimate indicates a decline of 31.3% from the current pr ...

Core Viewpoint - Outset Medical, Inc. has announced a one-for-fifteen reverse stock split, effective March 20, 2025, to reduce the number of outstanding shares and potentially enhance the stock's marketability [1][2]. Group 1: Reverse Stock Split Details - The reverse stock split was approved by stockholders on March 5, 2025, and will convert every 15 pre-split shares into one new share, reducing the total from approximately 265 million to about 17 million shares [2]. - The reverse stock split will not change stockholders' percentage ownership interests, except for fractional shares, which will be compensated with cash payments [3]. - The number of shares available under the Company's equity incentive plans and the exercise prices of outstanding options will be proportionately adjusted [4]. Group 2: Administrative Aspects - Equiniti Trust Company, LLC will act as the transfer agent for the reverse stock split, managing the issuance of post-split shares in a paperless format without requiring action from stockholders [5]. - Registered stockholders will automatically receive post-split shares, while those holding shares in "street name" will have their positions adjusted accordingly [5]. Group 3: Company Overview - Outset Medical is focused on pioneering technology to reduce the cost and complexity of dialysis, with its Tablo® Hemodialysis System representing a significant advancement in the field [7]. - The Tablo system allows for flexible dialysis delivery, integrating water purification and on-demand dialysate production, and is designed to enhance patient care and operational efficiency [7].

(Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K 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 001-39513 Outset Medical, Inc. (Exact name of Registrant as specified in its Charter) Delaware 20-0514392 (State or other jurisdiction of ...

Core Viewpoint - Outset Medical, Inc. (OM) has shown a downtrend recently, losing 9.9% over the past week, but a hammer chart pattern suggests a potential trend reversal as buying interest may be emerging to counteract selling pressure [1][2]. Technical Analysis - The hammer chart pattern indicates a possible bottoming out, suggesting that selling pressure may be subsiding, which could lead to a bullish trend for the stock [2][4]. - A hammer pattern forms when there is a small difference between opening and closing prices, with a long lower wick, indicating that the stock has found support after hitting a new low during a downtrend [3][4]. - The effectiveness of the hammer pattern is contingent on its placement on the chart and should be used alongside other bullish indicators for confirmation [5]. Fundamental Analysis - There has been a positive trend in earnings estimate revisions for OM, which is a bullish indicator, as it typically correlates with price appreciation in the near term [6]. - The consensus EPS estimate for the current year has increased by 1% over the last 30 days, reflecting analysts' agreement on the company's potential for better earnings than previously predicted [7]. - OM holds a Zacks Rank of 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks, indicating strong potential for outperformance in the market [8].

Core Viewpoint - In 2025, Bitcoin has underperformed expectations, struggling to maintain its value above $100,000, with only a 5% increase for the year, prompting investors to seek alternative cryptocurrencies that may outperform Bitcoin [1]. Group 1: Alternative Cryptocurrencies - XRP has increased over 400% since the presidential election and 30% in 2025, benefiting from a pro-crypto regulatory environment under the Trump administration, with potential resolution of regulatory issues from the SEC [3][4]. - XRP is speculated to be a candidate for a new spot ETF approval, with current trading around $2.70 and price predictions reaching as high as $10, depending on investor interest in ETFs [5]. - Bittensor has a market cap of nearly $4 billion and is up 3% for the year, focusing on AI projects and recently listed on Coinbase, which boosted its price by 20% [6][8]. - Bittensor has a limited supply of 21 million coins, similar to Bitcoin, contributing to its high price of $450 due to scarcity [9]. - Mantra has seen a 99% increase year-to-date and an astonishing 43,927% since October 2023, focusing on real-world asset tokenization for financial institutions [10][11]. - The asset tokenization market is projected to be a multitrillion-dollar opportunity by 2030, with significant potential for growth in various asset classes [13][14]. Group 2: Market Context - Despite Bitcoin's strong historical performance, XRP, Bittensor, and Mantra are positioned to potentially deliver substantial gains over the next five years, although they carry higher risks [15].

SAN JOSE, Calif., Feb. 24, 2025 (GLOBE NEWSWIRE) -- Outset Medical, Inc. (Nasdaq: OM) (“Outset”), a medical technology company pioneering a first-of-its-kind technology to reduce the cost and complexity of dialysis, today announced that members of management will present at the 45th annual TD Cowen Health Care conference on Tuesday, March 4, 2025, at 2:30 p.m. Eastern time. A live and archived webcast of the presentation will be available on the “Investors” section of the Outset website at https://investors ...

Outset Medical, Inc. (NASDAQ:OM) Q4 2024 Earnings Conference Call February 19, 2025 5:00 PM ET Company Participants Jim Mazzola - Head of Investor Relations Leslie Trigg - Chair and CEO Nabeel Ahmed - Chief Financial Officer Conference Call Participants Marie Thibault - BTIG Shagun Singh - RBC Capital Markets Suraj Kalia - Oppenheimer Operator Good day, and thank you for standing by. Welcome to the Outset Medical Fourth Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-on ...

Core Insights - Outset Medical reported fourth-quarter earnings that exceeded analysts' expectations, with revenue of $29.5 million surpassing the forecast of $28 million, indicating resilience in revenue growth despite market challenges [2][3] - The company achieved significant improvements in operational efficiency and gross margins, with adjusted gross margin reaching 37.7%, up from 27.1% year-over-year [4][7] Financial Performance - Adjusted EPS loss was $0.37, better than the projected loss of $0.44, and a significant improvement from the loss of $0.54 in Q4 2023 [4] - Net revenue decreased by 3.3% year-over-year from $30.5 million in Q4 2023 to $29.5 million in Q4 2024 [4] - Adjusted net loss was $19.3 million, an improvement from the $27 million loss in the previous year [4] Business Model and Strategy - Outset Medical is known for its Tablo Hemodialysis System, which simplifies dialysis treatment and reduces costs, with a focus on increasing market penetration in acute and home settings [5][6] - The company is enhancing its sales strategies and customer support to broaden the adoption of the Tablo system [6] Operational Highlights - Gross margin improved significantly due to higher average selling prices for consoles and reduced operational costs [7] - Recurring revenue from consumables and services grew by 17% year-over-year, indicating a shift towards sustainable revenue generation [8] - Operating expenses were reduced by 28% year-over-year, contributing to the pathway to profitability [8] Future Outlook - Management anticipates continued improvements in gross margins, aiming for non-GAAP gross margins in the high-30% range [9] - Revenue projections for 2025 estimate growth between $115 million and $125 million, reflecting confidence in market expansion [9] - The company plans to reduce cash usage to under $50 million, enhancing its financial position for future initiatives [10]

Outset Medical, Inc. (OM) came out with a quarterly loss of $0.37 per share versus the Zacks Consensus Estimate of a loss of $0.43. This compares to loss of $0.59 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 13.95%. A quarter ago, it was expected that this company would post a loss of $0.42 per share when it actually produced a loss of $0.39, delivering a surprise of 7.14%.Over the last four quarters, the company has surpas ...