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Vaso Corporation Announces Financial Results for Third Quarter of 2025
Globenewswire· 2025-11-14 14:00
Core Insights - Vaso Corporation reported a total revenue of $22.7 million for Q3 2025, marking a 9.1% increase from $20.8 million in Q3 2024, with contributions from all business segments [2][3] - The company achieved a net income of $1.7 million in Q3 2025, a significant turnaround from a net loss of $1.2 million in the same quarter last year, reflecting improved revenue and lower operating expenses [2][6] - Cash generated from operating activities was $2.8 million for Q3 2025, with cash and cash equivalents totaling $34.9 million at the end of the quarter, indicating a strong balance sheet [2][8] Financial Performance - Total revenue for Q3 2025 increased by $1.9 million, with professional sales services segment revenue rising by 18.7% to $10.8 million, driven by higher equipment delivery volumes [3] - IT segment revenue grew by 1.2% to $11.5 million, while equipment segment revenue increased by 8.0% to $0.6 million, primarily due to higher ARCS software subscription revenue [3] - Gross profit for Q3 2025 rose by 18.2% to $13.9 million, up from $11.8 million in Q3 2024, attributed to higher revenues and margins [4] Operating Expenses and Income - Selling, general and administrative (SG&A) expenses increased by 7.0% to $12.2 million, mainly due to higher personnel costs in IT and professional sales services [5] - Operating income for Q3 2025 was $1.5 million, compared to an operating loss of $1.4 million in Q3 2024, reflecting improved gross profit across all segments [6] - Adjusted EBITDA for Q3 2025 was $1.6 million, a significant improvement from a negative $1.2 million in Q3 2024, driven by increased net income [7][16] Balance Sheet Highlights - As of September 30, 2025, total current assets were $51.9 million, and total assets reached $84.5 million, indicating growth in the company's asset base [17] - Total current liabilities decreased to $31.6 million from $34.7 million, while total stockholders' equity increased to $28.2 million from $27.7 million [17]
Zimmer Biomet Receives U.S. FDA Clearance for Enhanced Version of ROSA® Knee Robotic Technology
Prnewswire· 2025-11-14 12:30
Core Insights - Zimmer Biomet Holdings, Inc. has received FDA 510(k) clearance for ROSA Knee with OptimiZe, an advanced version of its ROSA Knee System aimed at enhancing personalized surgical planning and improving outcomes in robotic-assisted total knee replacement surgery [1][2]. Product Features - ROSA Knee with OptimiZe offers customized intelligent surgical planning, new positioning, tracking, and alignment features to enhance accuracy and reduce variability among users [3]. - The system includes five key enhancements: - OptimiZe Planning for customized surgical plans based on individual preferences - OptimiZe Landmarking to minimize user variability in landmarking - OptimiZe Tracking for motion-sensitive resections without the need for pinning - OptimiZe Kinematic Alignment for automated resurfacing to restore pre-arthritic positions - OptimiZe Experience with a simplified user interface for tailored workflows [5]. Surgeon Feedback - Surgeons are increasingly adopting robotic technologies for better patient outcomes, and ROSA Knee with OptimiZe provides tools to reduce variability and optimize implant placement [4]. - The system is designed to work with the Persona Knee System, allowing for customizable profiles that align with both patient anatomy and surgeon preferences [4]. Integration and Future Plans - ROSA Knee with OptimiZe integrates with ZBEdge® Analytics, enabling data-driven intra-operative decisions and performance assessments [6]. - A targeted release of the product is planned for later this year, with commercial availability expected in the U.S. in the first quarter of 2026 [6].
Duncan Regional Hospital Becomes First in U.S. to Implement BD Alaris™ EMR Infusion Interoperability with MEDITECH
Prnewswire· 2025-11-13 11:50
Core Insights - BD (Becton, Dickinson and Company) has announced that Duncan Regional Hospital is the first hospital in the U.S. to implement BD Alaris™ EMR Interoperability with MEDITECH, enhancing patient safety and workflow efficiency [1][2][3] Group 1: Implementation and Impact - The integration of BD Alaris™ EMR Interoperability with MEDITECH allows for bi-directional infusion interoperability, now operational at over 960 sites in the U.S. [2] - This solution aims to improve patient safety by reducing manual programming and error-prone steps, ensuring accurate medication administration [4][5] - The implementation is expected to alleviate the burden on nursing staff, allowing them to focus more on patient care amidst a nursing shortage [3] Group 2: Features and Benefits - BD Alaris™ EMR Interoperability enables clinicians to verify patients, medications, and infusion statuses seamlessly, enhancing documentation and safety [4] - The solution supports real-time documentation and minimizes the risk of IV medication errors, contributing to overall operational efficiency [5] - The collaboration between BD and MEDITECH emphasizes a commitment to advancing patient safety and improving clinician workflows [5]
Aethlon Medical Announces Fiscal Q2 2025 Financial Results and Corporate Update
Prnewswire· 2025-11-12 21:15
Core Insights - Aethlon Medical, Inc. reported financial results for its fiscal second quarter ended September 30, 2025, highlighting clinical progress and cost reductions [1][12][13]. Clinical and Corporate Update - The company is advancing its clinical initiatives, particularly in cancer treatment, and has resolved Nasdaq compliance matters, maintaining its listing [2][16]. - Recruitment for the second cohort of the Australian oncology trial of the Hemopurifier® has begun, allowing patients to receive combination therapies with Pembrolizumab or Nivolumab [3][9]. - The primary endpoint of the study is safety, with plans to enroll approximately 9 to 18 participants [9]. Scientific Developments - Analysis of extracellular vesicles (EVs) from patients in the first cohort showed decreases in large EVs after Hemopurifier treatment, which are implicated in cancer progression [4]. - Improvements in laboratory ratios associated with immunotherapy responses were observed in at least two participants following treatment [6]. - Ongoing collaboration with UCSF focuses on Long COVID research, with a manuscript in preparation for peer-reviewed publication [10]. Financial Performance - Operating expenses decreased by 48% to approximately $1.5 million for the quarter, down from $2.9 million in the same period in 2024 [12][14]. - The operating loss for the quarter decreased to $1.5 million compared to $2.8 million in the prior-year period [15]. - As of September 30, 2025, Aethlon had a cash balance of approximately $5.8 million [13]. Operational Achievements - The company has initiated an evaluation of the Hemopurifier's compatibility with a simplified blood treatment system, which could enhance treatment delivery in oncology units [11]. - Significant cost management efforts have led to reductions in payroll, general and administrative expenses, and professional fees [17].
Siemens to reduce its Healthineers stake
Reuters· 2025-11-12 18:04
Core Viewpoint - Siemens plans to reduce its 35 billion euro ($41 billion) stake in Siemens Healthineers by distributing shares of the medical equipment maker to its shareholders [1] Group 1 - The total stake being cut by Siemens is valued at 35 billion euros, equivalent to approximately 41 billion dollars [1] - The method of reduction involves giving shares of Siemens Healthineers directly to Siemens' shareholders [1]
IceCure Medical to Report Third Quarter 2025 Financial and Operating Results on November 19, 2025
Prnewswire· 2025-11-12 13:30
Core Insights - IceCure Medical Ltd. will release its financial and operational results for the nine months ended September 30, 2025, on November 19, 2025, before the Nasdaq Stock Market opens [1] - A conference call to discuss these results and other corporate developments is scheduled for the same day at 10:00 a.m. EST [2] Company Overview - IceCure Medical specializes in developing and marketing advanced liquid-nitrogen-based cryoablation therapy systems aimed at destroying both benign and cancerous tumors through freezing [2] - The company's primary focus areas include breast, kidney, bone, and lung cancer, with its flagship ProSense® system marketed globally [2] Upcoming Events - The conference call will be accessible via a live webcast, and a recording will be available afterward on the company's investor relations website [2]
Nuwellis Reports Third Quarter 2025 Results and Continued Operational Momentum
Globenewswire· 2025-11-12 13:15
Core Insights - Nuwellis, Inc. reported steady performance and key milestones in critical care, pediatrics, and hospital-based outpatient therapy, focusing on cardiorenal conditions [1][3] Financial Performance - Total revenue for Q3 2025 was $2.2 million, a decrease of 6% year-over-year but an increase of 29% sequentially from Q2 2025 [4][7] - On a pro-forma basis, revenue grew approximately 7% year-over-year after excluding one-time revenue from SeaStar Medical [4][7] - Gross margin was 65.2%, down from 70.0% in the prior year quarter, attributed to unfavorable manufacturing utilization [5] - Operating expenses totaled $4.1 million, up 30% year-over-year, reflecting investments in rebuilding the U.S. sales force and sustaining engineering [6] - The operating loss was $2.7 million, compared to $1.5 million in the previous year [6][19] Business Developments - The company launched a new 24-hour circuit and dual-lumen extended-length catheter, enhancing provider flexibility in therapy delivery [7] - The first Aquadex therapies were delivered in a hospital-based outpatient setting, marking a significant step in expanding access to ultrafiltration therapy [7] - Pediatric product development accelerated through an NIH-funded collaboration for the Vivian™ pediatric CRRT system [7] - Nuwellis initiated a manufacturing transition to KDI Precision Manufacturing and began winding down international operations to focus on U.S. market growth [7] Cash Position - The company ended the quarter with $3.1 million in cash and cash equivalents and remains debt-free [6][19]
BD Expands PureWick™ Portfolio with First-of-its-Kind Portable Solution to Confidently Manage Urinary Incontinence On the Go
Prnewswire· 2025-11-12 11:50
Core Insights - BD (Becton, Dickinson and Company) has launched the PureWick Portable Collection System, a battery-powered personal urine management device aimed at improving mobility for wheelchair users [1][2][3] Product Overview - The PureWick Portable Collection System is designed to manage urinary incontinence discreetly and effectively, building on the success of the existing PureWick Urine Collection System, which is the leading external catheter in hospitals [2][5] - The device utilizes gentle suction technology to draw urine away from the body into a collection canister, facilitating easy disposal [2][5] Market Impact - Urinary incontinence affects approximately 25 million Americans, significantly impacting their confidence and quality of life, particularly for those with mobility challenges [3] - The introduction of this portable system aims to empower users to regain confidence and independence, allowing them to engage more fully in daily activities [3][6] User Trust and Adoption - Over 55 million PureWick External Catheters have been sold, with more than 4,500 hospitals and rehabilitation facilities in the U.S. utilizing this technology [5] - A survey indicated that over 90% of users and caregivers would recommend the PureWick Urine Collection System, highlighting its effectiveness and trustworthiness [5] Features and Benefits - The system is designed for comfort and discretion, operating quietly and being easy to set up for use at home or on the go [8] - It offers freedom of movement with a lightweight design and a battery life of up to eight hours, allowing it to be used beside a bed, chair, or mounted on a wheelchair [8] - The device helps reduce the risk of skin irritation by effectively drawing urine away from the body, thus maintaining user dignity and active lifestyle [8]
X @Bloomberg
Bloomberg· 2025-11-12 08:52
Siemens is finalizing options to reduce a majority stake in its former medical equipment unit after the €35 billion holding turned into a drag on its share price https://t.co/DvTtzGL6DO ...
Shoulder Innovations Reports Third Quarter 2025 Financial Results and Increases Full-Year Revenue Guidance
Prnewswire· 2025-11-11 21:05
Core Insights - Shoulder Innovations, Inc. reported a significant revenue growth of 58% in Q3 2025, reaching $11.8 million compared to $7.5 million in Q3 2024, driven by an increase in implant systems sold and new customer acquisitions [2][14] - The company anticipates a full-year revenue of $45 million to $46 million for 2025, representing a growth of approximately 42% to 45% over 2024, an increase from previous guidance of $42 million to $44 million [8] - The company is focused on expanding its market share in the $2.8 billion global shoulder surgical care market, leveraging its innovative product ecosystem and strong clinical results [2][12] Financial Performance - Net revenue for Q3 2025 was $11.8 million, a 58% increase from $7.5 million in Q3 2024 [2][18] - Gross margin for Q3 2025 was 76.2%, slightly down from 76.5% in Q3 2024 [3] - Selling, general, and administrative expenses rose 78% to $15.1 million in Q3 2025, primarily due to increased headcount and legal costs [3] - Research and development expenses increased by 40% to $1.5 million in Q3 2025, reflecting investment in new product development [4] - Operating loss for Q3 2025 was $7.6 million, compared to a loss of $3.9 million in Q3 2024, with a net loss of $8.7 million compared to $4.1 million in the prior year [5][6] Market Position and Strategy - The company is expanding its I-Series humeral stem product line, including the full commercial launch of the InSet™ 70 and receiving FDA 510(k) clearance for certain fracture indications [14] - Shoulder Innovations aims to address challenges in shoulder arthroplasty through its ecosystem of products, digital solutions, and a differentiated commercial model [2][12] - The company emphasizes the importance of the number of implant systems sold as a key business metric to drive demand and revenue [11]