regulatory
confidence high
sentiment neutral
materiality 0.70
Iradimed withdraws 510(k) for MRidium 3870 pump; Q3 revenue $13.4M beats guidance
IRADIMED CORP
- Voluntarily withdrew 510(k) for MRidium 3870 Infusion Pump on Oct 5; plans to resubmit after FDA talks.
- Preliminary Q3 revenue ~$13.4M, up 23% YoY, above guidance of $13.1–$13.3M.
- Record quarterly revenue; fourth consecutive record quarter; orders exceeded shipments.
- Domestic orders for current MRidium 3860 system were highest in three years.
- CEO states withdrawal does not affect current revenue-generating product portfolio.