secwatch / observer
8-K filed March 14, 2023, 7:59 PM ET ticker AXGN CIK 0000805928
earnings confidence high sentiment positive materiality 0.65

Axogen reports Q4 revenue $36.2M (+17% YoY); guides FY2023 revenue $154M-$159M

Axogen, Inc.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Axogen, Inc. reported fourth quarter ended December 31, 2022 results: revenue $36.2 million, net income $5.4 million, EPS $0.13 per share.

Period
fourth quarter ended December 31, 2022
Revenue
$36.2 million
Net income
$5.4 million
EPS
$0.13 per share
Result
reported results
Exact text from the filing
Fourth Quarter 2022 Financial Results and Business Highlights • Fourth quarter revenue was $36.2 million, a 17% increase compared to fourth quarter of 2021.* • Gross margin was 83.0% for the fourth quarter compared to 82.8% in the fourth quarter of 2021.
View on SEC.gov
Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Axogen, Inc. reported full year 2023 results: revenue $154 million to $159 million. Guidance initiated.

Period
full year 2023
Revenue
$154 million to $159 million
Guidance
initiated
Result
guidance update
Exact text from the filing
Management expects full-year 2023 revenue to be in the range of $154 million to $159 million
View on SEC.gov
Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Axogen, Inc. reported full year ended December 31, 2022 results: revenue $138.6 million.

Period
full year ended December 31, 2022
Revenue
$138.6 million
Result
reported results
Exact text from the filing
ved hospital operating environment and commercial execution, backed by our high-quality portfolio of clinical data provides a solid foundation for long term, sustainable growth.” Full-Year Financial Results and Business Highlights • Full-year 2022 revenue was $138.6 million, a 12% increase compared to 2021 revenue of $127.4 million.* • Gross margin was 82.6% for the full year, compared to 82.0% in 2021.
View on SEC.gov

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Axogen, Inc. filing history →

Source: SEC EDGAR
accession 0000805928-23-000017
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