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Milestone Scientific Schedules Fourth Quarter and FY 2025 Financial Results and Business Update Conference Call
Globenewswire· 2026-03-26 13:00
Company Overview - Milestone Scientific Inc. is a technology-focused medical research and development company that specializes in innovative injection technologies and instruments for medical and dental applications [4] - The company’s proprietary DPS Dynamic Pressure Sensing Technology is designed to enhance the precision and efficiency of injections, thereby improving patient comfort and safety [4] Financial Results Announcement - Milestone Scientific will host a conference call on April 1, 2026, at 8:30 AM Eastern Time to discuss its financial results for the fourth quarter and full year ended December 31, 2025 [1] - The call will cover the company's corporate progress and other developments [1] Access Information - U.S. callers can join the conference call by dialing toll-free 888-506-0062, while international callers can dial +1 973-528-0011, using access code 875878 [2] - A webcast and replay of the call will be available at the provided Webcast URL [2] Audio Replay - An audio replay of the conference call will be accessible until April 15, 2026, via U.S. number 877-481-4010 or international number +1 919-882-2331, using access code 53770 [3]
Milestone Scientific Launches CompuFlo® Advisor Program to Accelerate Commercial Adoption and Drive Utilization Growth in Select MAC Jurisdictions; Plans National Expansion
Globenewswire· 2026-02-23 13:30
Core Insights - Milestone Scientific Inc. has launched the CompuFlo® Advisor Program aimed at enhancing commercial adoption and generating clinical data for Medicare reimbursement optimization [1][2] Group 1: Program Launch and Objectives - The CompuFlo® Advisor Program commenced on February 1, 2026, targeting high-volume interventional pain and anesthesia practices within key Medicare Administrative Contractor jurisdictions [2] - The program aims to generate 1,000–2,000 case submissions in the first six months to transition CPT® code 0777T from Category III to Category I status, potentially increasing commercial adoption and revenue visibility [2] Group 2: Commercial Infrastructure and Support - Milestone has established a robust commercial infrastructure to support national expansion and has engaged industry veterans for real-time claims support and payer advocacy [3] - The company is implementing a comprehensive support system, including veteran consultants and a dedicated provider hotline, to assist physicians throughout the reimbursement process [4] Group 3: Strategic Importance - The Advisor Program is considered a key strategic initiative for Milestone Scientific, moving beyond device placement to building a comprehensive commercial ecosystem [4] - The company believes that establishing reimbursement with the initial cohort will create a recurring revenue model that can be rapidly expanded to hundreds of physicians nationwide [4]
Milestone Scientific Delivers Stable Revenue and Reduces Operating Expenses by Over $500 Thousand in the Third Quarter of 2025
Globenewswire· 2025-11-13 21:00
Core Insights - Milestone Scientific Inc. reported continued progress in operational transformation and growth strategy across its dental and medical segments, with a focus on building a leaner organization for sustained growth and improved profitability [1][2]. Financial Performance - For Q3 2025, revenues were approximately $2.4 million, a slight decrease from $2.5 million in Q3 2024, primarily due to lower domestic dental sales, partially offset by higher international dental sales and recurring medical revenue [3]. - Gross profit for Q3 2025 was approximately $1.6 million, or 70% of revenue, compared to $1.8 million, or 73% of revenue, in Q3 2024 [3]. - The operating loss for Q3 2025 was approximately $(1.1) million, an improvement of approximately $0.3 million, or 23%, from $(1.5) million in Q3 2024, attributed to lower selling, general, and administrative expenses [3]. - The net loss for Q3 2025 was approximately $(1.2) million, or $(0.01) per share, compared to a net loss of $(1.5) million, or $(0.02) per share, in Q3 2024 [3]. Year-to-Date Results - For the nine months ended September 30, 2025, revenues were approximately $6.9 million, an increase of approximately $0.3 million, or 5%, from $6.6 million in the same period of 2024, driven by growth in international dental sales and higher recurring revenue from the medical segment [4]. - Gross profit for the nine months ended September 30, 2025, was approximately $4.9 million, or 71% of revenue, consistent with the previous year [4]. - The operating loss for the nine months ended September 30, 2025, was approximately $(4.6) million, slightly improved from $(4.7) million in the same period of 2024 [4]. - The net loss for the nine months ended September 30, 2025, was approximately $(4.6) million, or $(0.06) per share, compared to a net loss of $(2.7) million, or $(0.03) per share, in the same period of 2024 [4]. Cash Position - As of September 30, 2025, the company reported cash and cash equivalents of approximately $1.3 million and working capital of approximately $3.1 million [5]. Strategic Initiatives - The company is expanding its direct sales programs in North America and securing new international registrations for its STA® Single Tooth Anesthesia System, while enhancing its omnichannel digital marketing strategy [2]. - There is growing utilization and recurring revenue from CompuFlo® disposables, with increasing interest from hospitals and international distributors [2]. - The company is advancing its reimbursement strategy for CompuFlo®, focusing on securing Medicare payment-rate assignments and expanding commercial coverage, which are seen as key enablers for broader adoption [2].
Milestone Scientific Schedules Third Quarter 2025 Financial Results and Business Update Conference Call
Globenewswire· 2025-11-13 19:15
Core Viewpoint - Milestone Scientific Inc. will host a conference call to discuss its third-quarter financial results and corporate developments on November 14, 2025 [1] Company Overview - Milestone Scientific Inc. is a technology-focused medical research and development company that specializes in innovative injection technologies for medical, dental, and cosmetic applications [4] - The company’s computer-controlled systems aim to enhance injection precision, efficiency, and overall patient comfort and safety [4] - Milestone Scientific's proprietary DPS Dynamic Pressure Sensing Technology is designed to regulate flow rate and monitor pressure during subcutaneous drug delivery, including local anesthetics [4]
Milestone Scientific Schedules Second Quarter 2025 Financial Results and Business Update Conference Call
Globenewswire· 2025-08-13 15:45
Core Viewpoint - Milestone Scientific Inc. will host a conference call to discuss its financial results for Q2 2025 and corporate developments [1] Group 1: Conference Call Details - The conference call is scheduled for 8:00 AM Eastern Time on August 15, 2025 [1] - U.S. callers can dial toll-free 888-506-0062, while international callers can use +1 973-528-0011 with access code 470429 [2] - An audio replay will be available until August 29, 2025, accessible via 877-481-4010 for U.S. callers and +1 919-882-2331 for international callers with access code 52876 [3] Group 2: Company Overview - Milestone Scientific Inc. is a technology-focused medical research and development company specializing in innovative injection technologies for medical, dental, and cosmetic applications [4] - The company’s computer-controlled systems aim to enhance injection precision, efficiency, and patient comfort and safety [4] - The proprietary DPS Dynamic Pressure Sensing Technology is utilized to regulate flow rate and monitor pressure during subcutaneous drug delivery [4]