Artivion Q2 revenue $98M (+10% YoY), narrows net loss, raises FY24 guidance

ARTIVION, INC.

2024-Q2 EPS reported $0.13 revenue$195,450,000

Revenue $98.0M (+10% GAAP and constant currency); net loss ($2.1M) vs ($3.4M) YoY.
Non-GAAP net income $2.9M ($0.07 EPS) vs $2.3M ($0.06 EPS) YoY.
Adjusted EBITDA $18.6M, up 35% from $13.8M in Q2 2023.
Raised FY24 constant currency revenue growth to 10-12% (prev 9-12%), implied revenue $388-396M.
Raised FY24 adjusted EBITDA growth to 28-34% (prev 26-34%), implied EBITDA $69-72M.

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