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TransMedics Reports Second Quarter 2025 Financial Results
Prnewswire· 2025-07-30 20:05
Core Insights - TransMedics Group, Inc. reported a strong financial performance for Q2 2025, with a 38% year-over-year revenue growth, reaching $157.4 million, driven by increased utilization of its Organ Care System (OCS) [2][3][11] - The company is focused on achieving a target of 10,000 US NOP transplants by 2028 and is increasing investments to support future growth [2][7] - Net income for Q2 2025 was $34.9 million, representing 22% of revenue, a significant increase from $12.2 million in Q2 2024 [6][11] Financial Performance - Total revenue for Q2 2025 was $157.4 million, a 38% increase from $114.3 million in Q2 2024, primarily due to higher OCS utilization in liver and heart transplants [3][11] - Gross margin remained stable at 61% for Q2 2025, consistent with the same period in 2024 [4][13] - Operating expenses increased to $60.0 million in Q2 2025 from $56.8 million in Q2 2024, mainly due to higher research and development investments [5][13] Financial Outlook - The company raised its full-year 2025 revenue guidance to a range of $585 million to $605 million, indicating a 35% growth at the midpoint compared to the previous year [7][11] - Cash reserves as of June 30, 2025, were reported at $400.6 million, up from $336.7 million at the end of 2024 [6][14] Strategic Developments - TransMedics received conditional Investigational Device Exemption (IDE) approval from the FDA to initiate the Next-Gen OCS™ Lung trial [11] - The company launched the first-in-class OCS NOP digital ecosystem, NOP ACCESS™, across major NOP transplant programs in the U.S. [11]
Philips Q2 Earnings and Revenues Decline Year Over Year, Shares Fall
ZACKS· 2025-07-30 17:56
Key Takeaways Koninklijke Philips (PHG) reported earnings of €0.25 per share in the second quarter of 2025, which decreased from the year-ago quarter's reported figure of €0.47 per share. The company's sales decreased 2.8% on a year-over-year basis to €4.3 billion. Comparable sales increased 1% year over year. The 6% growth in Personal Health was offset by a 1% decline in both Connected Care and Diagnosis & Treatment, due to a high comparison base in prior years, driven by supply chain improvements. Further ...
BrainsWay Champions TMS Education with Sponsorship of Two Free CME Courses for Mental Health Professionals
Globenewswire· 2025-07-30 13:02
Core Insights - BrainsWay is launching two new Continuing Medical Education (CME) courses to enhance clinician knowledge and confidence in Transcranial Magnetic Stimulation (TMS) [1][2] - The courses are designed to clarify the differences between BrainsWay's Deep TMS™ technology and first-generation TMS, while providing practical guidance for clinical integration [1][3] Company Overview - BrainsWay is a leader in noninvasive neurostimulation treatments for mental health disorders, focusing on its proprietary Deep TMS™ platform technology [5] - The company has received FDA clearance for three indications, including major depressive disorder, obsessive-compulsive disorder, and smoking addiction, supported by pivotal clinical studies [5] - BrainsWay aims to increase global awareness and access to Deep TMS, with ongoing clinical trials for various psychiatric, neurological, and addiction disorders [5] Educational Initiatives - The CME courses are supported by independent educational grants from BrainsWay and offer up to 0.5 AMA PRA Category 1 Credits™ [2] - The courses are accessible online to a wide range of healthcare professionals, including psychiatrists and nurse practitioners [2] - The first course focuses on evidence-based data supporting TMS and its role in mental health treatment, while the second course emphasizes practical strategies for patient identification and treatment integration [6]
NeuroStar Announces New Publication in JAACAP Open Highlighting Treatment Efficacy in Depressed Adolescents
Globenewswire· 2025-07-30 12:32
Core Insights - Neuronetics, Inc. has published significant findings demonstrating the effectiveness of NeuroStar TMS in treating adolescents and young adults with depression, as reported in a leading medical journal [1][2] Company Overview - Neuronetics is a medical technology company focused on improving the quality of life for patients with neurohealth disorders through innovative products [4] - The company operates Greenbrook TMS Inc., which provides NeuroStar Advanced Therapy for major depressive disorder (MDD) and other mental health conditions across the United States [4] Treatment Efficacy - The study based on the NeuroStar TrakStar Clinical Database involved 1,283 patients, with approximately 70% reporting clinically meaningful improvement in depression symptoms, while less than 1% experienced worsening [2][3] - The results for adolescents and young adults align with previous findings in adult populations, indicating a strong correlation between the number of treatment sessions completed and clinical improvement [2] Market Opportunity - With one in five adolescents experiencing major depressive disorder and limited FDA-approved medications available, NeuroStar TMS presents a significant opportunity to provide a safe and effective treatment option for this demographic [3] - Since receiving FDA clearance as an add-on therapy for adolescents aged 15-21 in March 2024, there has been over a one-third increase in the number of adolescents treated with NeuroStar [2]
BrainsWay to Report Second Quarter 2025 Financial Results on August 13, 2025
Globenewswire· 2025-07-30 12:00
About BrainsWay BrainsWay is a global leader in advanced noninvasive neurostimulation treatments for mental health disorders. The Company is boldly advancing neuroscience with its proprietary Deep Transcranial Magnetic Stimulation (Deep TMS™) platform technology to improve health and transform lives. BrainsWay is the first and only TMS company to obtain three FDA-cleared indications backed by pivotal clinical studies demonstrating clinically proven efficacy. Current indications include major depressive diso ...
Spectral AI Schedules 2025 Second Quarter Financial Results and Conference Call
Globenewswire· 2025-07-30 12:00
DALLAS, July 30, 2025 (GLOBE NEWSWIRE) -- Spectral AI (NASDAQ: MDAI) ("Spectral AI" or the "Company"), developer of the AI-driven DeepView System and focused on medical diagnostics for faster and more accurate treatment decisions in wound care, today announced that it will report financial results for the second quarter ended June 30, 2025 on Tuesday, August 12, 2025 after the close of the stock market. The Company will host a corresponding conference call at 5:00 pm Eastern Time that day to discuss the res ...
RXST INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that RxSight, Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
Prnewswire· 2025-07-29 21:00
Core Viewpoint - The RxSight class action lawsuit alleges that the company and its executives made misleading statements regarding the company's performance and financial guidance, leading to significant stock price declines [1][4][5]. Company Overview - RxSight, Inc. is a commercial-stage medical technology company focused on the research, development, manufacture, and sale of light adjustable intraocular lenses (LAL) used in cataract surgery [3]. Allegations of the Lawsuit - The lawsuit claims that during the class period, RxSight faced "adoption challenges" and structural issues that resulted in declining sales and utilization of its products [4]. - It is alleged that RxSight overstated the demand for its products and was unlikely to meet its previously issued financial guidance for fiscal year 2025 [4]. - Following the release of preliminary second-quarter financial results on July 8, 2025, which showed significant declines in Light Delivery Device (LDD) sales and overall revenue, RxSight lowered its full-year guidance by approximately $42.5 million at the midpoint [5]. Financial Impact - The announcement of the financial results led to a nearly 38% drop in the price of RxSight stock [5].
TransMedics to Present at the Canaccord Genuity 45th Annual Growth Conference
Prnewswire· 2025-07-29 20:05
Core Insights - TransMedics Group, Inc. is a medical technology company focused on transforming organ transplant therapy for patients with end-stage lung, heart, and liver failure [1][3] - The company will present at the Canaccord Genuity 45th Annual Growth Conference on August 12, 2025, at 11:30 a.m. ET [1][2] Company Overview - TransMedics is recognized as the world's leader in portable extracorporeal warm perfusion and assessment of donor organs for transplantation [3] - The company is headquartered in Andover, Massachusetts, and was founded to address the unmet need for more and better organs for transplantation [3] - TransMedics has developed technologies aimed at preserving organ quality, assessing organ viability prior to transplant, and potentially increasing the utilization of donor organs for treating end-stage heart, lung, and liver failure [3]
X @Bloomberg
Bloomberg· 2025-07-29 19:40
Market Trends - Medical-technology companies are expected to help revive initial public offerings in the life-sciences sector [1] - The life-sciences sector has experienced a tough year so far [1]