earnings
confidence high
sentiment positive
materiality 0.75
Artivion Q2 revenue $89.3M (+11% YoY); raises FY revenue guidance to $342-350M
ARTIVION, INC.
2023-Q2 EPS reported
-$0.41
revenue$172,480,000
- Net loss ($3.4M) or ($0.08)/share; non-GAAP net income $2.3M ($0.06)/share.
- Non-GAAP adjusted EBITDA $13.8M, up 35% YoY.
- Aortic stent graft revenue +19% YoY; On-X +11% constant currency.
- Received $14.3M PerClot PMA approval milestone payment from Baxter.
- FY 2023 constant currency revenue growth guidance raised to 10%-12%.