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IRADIMED CORPORATION Reports Record Fourth Quarter and Full Year of 2025 Financial Results and Increases its Regular Quarterly Cash Dividend to $0.20 Per Share from $0.17 Per Share
Globenewswire· 2026-02-10 13:00
Core Insights - Iradimed Corporation reported record revenue of $22.7 million for Q4 2025, marking a 17% increase year-over-year and surpassing previous guidance [2][7] - The company achieved a net income of $6.4 million for Q4 2025, a 25% increase compared to the same period in 2024 [7][10] - Iradimed plans to roll out its next-generation 3870 MRI-compatible IV infusion pump in Q1 2026, with significant revenue contributions expected in the second half of the year [2][4] Financial Performance - For Q4 2025, total revenue was $22.7 million, up from $19.4 million in Q4 2024, representing a 17% increase [7][12] - The company reported a GAAP diluted EPS of $0.50 for Q4 2025, a 25% increase from $0.40 in Q4 2024 [8][10] - For the full year 2025, revenue reached $83.8 million, a 14% increase from $73.2 million in 2024 [10][11] Guidance and Dividends - For the full year 2026, Iradimed expects revenue between $91.0 million and $96.0 million, with GAAP diluted EPS projected between $1.90 and $2.05 [4][17] - The company declared a quarterly cash dividend of $0.20 per share, up from $0.17, reflecting confidence in future business outlook [3][5] Product Development and Market Position - Iradimed is a leader in MRI-compatible medical devices, providing non-magnetic IV infusion pump systems and patient vital signs monitoring systems [1][27] - The company’s patented MRidium® MRI-compatible IV infusion pump system is designed to safely deliver fluids during MRI procedures, addressing safety concerns associated with traditional pumps [28] - The 3880 MRI-compatible patient vital signs monitoring system is engineered to operate in high magnetic fields, enhancing patient safety during MRI scans [29]
IRADIMED CORPORATION to Hold Fourth Quarter and Full Year 2025 Financial Results Conference Call on February 10, 2026
Globenewswire· 2026-02-04 21:05
Core Viewpoint - Iradimed Corporation will release its 2025 fourth quarter and full year financial results on February 10, 2026, followed by a conference call to discuss the results and answer questions [1]. Company Overview - Iradimed Corporation is a leader in developing MRI-compatible medical devices, specifically known for its non-magnetic intravenous infusion pump system designed for safe use during MRI procedures [3]. - The company was the first to create an infusion delivery system that mitigates dangers associated with standard infusion pumps during MRI, which can cause radio frequency interference [3]. - The patented MRidium® MRI-compatible IV infusion pump system features a non-magnetic ultrasonic motor and non-ferrous parts, ensuring safe and reliable delivery of anesthesia and IV fluids during MRI scans [3]. Product Details - The 3880 MRI-compatible patient vital signs monitoring system is designed with non-magnetic components, allowing it to operate in magnetic fields up to 30,000 gauss, ensuring patient safety during MRI procedures [4]. - The Iradimed 3880 system features wireless ECG, SpO2 monitoring, non-magnetic respiratory CO2 measurement, and blood pressure monitoring, facilitating uninterrupted vital signs monitoring for critically ill patients [4]. - The compact design of the Iradimed 3880 allows for easy transport with patients, enhancing safety and reducing time away from critical care units [4].
IRADIMED CORPORATION to Hold Third Quarter of 2025 Financial Results Conference Call on November 3, 2025
Globenewswire· 2025-10-27 20:05
Core Points - Iradimed Corporation will release its 2025 third quarter financial results on November 3, 2025, before market opening [1] - A conference call will be held on the same day at 11:00 a.m. Eastern Time to discuss the results and answer questions [1][2] Company Overview - Iradimed Corporation specializes in developing MRI-compatible medical devices, notably a non-magnetic intravenous infusion pump system designed for safe use during MRI procedures [3] - The patented MRidium® MRI compatible IV infusion pump system utilizes a non-magnetic ultrasonic motor and non-ferrous parts to deliver anesthesia and IV fluids safely during MRI scans [3] - The 3880 MRI compatible patient vital signs monitoring system is designed with non-magnetic components, operating in magnetic fields up to 30,000 gauss, ensuring patient safety and uninterrupted monitoring during MRI procedures [4] - The Iradimed 3880 system features wireless ECG, SpO2 monitoring, non-magnetic respiratory CO2, and advanced multi-gas anesthetic agent measurements, facilitating effective communication of vital signs to clinicians [4]
IRADIMED CORPORATION to Hold Second Quarter of 2025 Financial Results Conference Call on August 1, 2025
Globenewswire· 2025-07-25 20:05
Core Viewpoint - Iradimed Corporation will release its 2025 second quarter financial results on August 1, 2025, and will host a conference call to discuss these results [1][2]. Company Overview - Iradimed Corporation is a leader in developing MRI-compatible medical devices, specifically known for its non-magnetic intravenous infusion pump system designed for safe use during MRI procedures [3]. - The company has developed the patented MRidium® MRI compatible IV infusion pump system, which eliminates dangers associated with standard infusion pumps that contain magnetic components [3]. - The Iradimed 3880 MRI compatible patient vital signs monitoring system is designed with non-magnetic components, allowing it to operate in magnetic fields up to 30,000 gauss, ensuring patient safety during MRI procedures [4]. Product Features - The MRidium® system provides accurate and safe delivery of anesthesia and IV fluids during MRI scans, crucial for critically ill patients and children who require sedation [3]. - The Iradimed 3880 system features wireless ECG, SpO2 monitoring, non-magnetic respiratory CO2 monitoring, and advanced multi-gas anesthetic agent unit capabilities [4].
CORRECTION -- IRADIMED CORPORATION to Hold First Quarter of 2025 Financial Results Conference Call on May 5, 2025
Globenewswire· 2025-04-28 13:53
Company Overview - IRADIMED CORPORATION is a leader in developing innovative MRI-compatible medical devices, specifically known for its non-magnetic intravenous infusion pump system designed for safe use during MRI procedures [3]. - The company has developed the MRidium® MRI compatible IV infusion pump system, which features a non-magnetic ultrasonic motor and non-ferrous parts to ensure safe and predictable delivery of anesthesia and IV fluids during MRI scans [3]. Product Offerings - The 3880 MRI compatible patient vital signs monitoring system is designed with non-magnetic components, allowing it to operate in magnetic fields up to 30,000 gauss, ensuring patient safety during MRI procedures [4]. - The Iradimed 3880 system includes features such as wireless ECG, wireless SpO2, non-magnetic respiratory CO2 monitoring, and advanced multi-gas anesthetic agent unit, facilitating effective communication of vital signs to clinicians [4]. Upcoming Events - The company will release its 2025 first quarter financial results before the market opens on May 5, 2025, followed by a conference call at 9:00 a.m. Eastern Time to discuss the results [1]. - Interested participants can register for the conference call through a provided link, and a recording will be available on the company's website after the call [2].
IRADIMED CORPORATION to Hold First Quarter of 2025 Financial Results Conference Call on May 5, 2025
Globenewswire· 2025-04-28 12:30
Core Viewpoint - Iradimed Corporation will release its 2025 first quarter financial results on May 5, 2025, and will host a conference call to discuss these results [1] Company Overview - Iradimed Corporation is a leader in developing MRI-compatible medical devices, specifically known for its non-magnetic intravenous infusion pump system designed for safe use during MRI procedures [3] - The company has developed the MRidium® MRI compatible IV infusion pump system, which eliminates dangers associated with standard infusion pumps that contain magnetic components [3] - The Iradimed 3880 MRI compatible patient vital signs monitoring system is designed with non-magnetic components, allowing it to operate in magnetic fields up to 30,000 gauss, ensuring patient safety during MRI procedures [4] Product Features - The MRidium® system provides accurate and safe delivery of anesthesia and IV fluids during MRI scans, crucial for critically ill patients and children who require sedation [3] - The Iradimed 3880 system features wireless ECG, SpO2 monitoring, non-magnetic respiratory CO2 monitoring, and advanced multi-gas anesthetic agent unit capabilities [4]