Hyperfine Q3 revenue $2.35M, up 533% YoY; net loss $13.2M; 10 Swoop units installed; FY22 guidance $7-8M

Hyperfine, Inc.

2022-Q3 EPS reported -$0.85 revenue$5,390,000

Q3 2022 revenue of $2.348M vs $0.371M in Q3 2021; net loss of $13.171M ($0.19 per share).
Gross margin improved to $0.688M from negative $(0.338M) in prior year quarter.
Installed 10 commercial Swoop systems in Q3, bringing YTD total to 30 and global installed base to 100 systems.
Full-year 2022 revenue guidance of $7M to $8M; commercial unit installations expected between 35 and 45.
R&D expenses rose to $7.338M; SG&A decreased to $6.632M vs $9.614M in Q3 2021.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Hyperfine, Inc. reported the full year 2022 results: revenue $7 million to $8 million. Guidance initiated.

Period: the full year 2022
Revenue: $7 million to $8 million
Guidance: initiated
Result: guidance update

Exact text from the filing

Management expects revenue for the full year 2022 to be $7 million to $8 million.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Hyperfine, Inc. reported the third quarter ended September 30, 2022 results: revenue $2.348 million, net income $13.171 million, EPS net loss of $0.19 per share.

Period: the third quarter ended September 30, 2022
Revenue: $2.348 million
Net income: $13.171 million
EPS: net loss of $0.19 per share
Result: reported results

Exact text from the filing

in the third quarter and are continuing to build our pipeline into year-end and beyond.” Third Quarter 2022 Financial Results • Revenues for the third quarter of 2022 were $2.348 million, compared to $0.371 million in the third quarter of 2021. • Gross margin for the third quarter of 2022 was $0.688 million, compared to $(0.338) million in the third quarter of

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Hyperfine, Inc. reported the nine months ended September 30, 2022 results: revenue $5.390 million, net income $60.105 million, EPS net loss of $0.85 per share.

Period: the nine months ended September 30, 2022
Revenue: $5.390 million
Net income: $60.105 million
EPS: net loss of $0.85 per share
Result: reported results

Exact text from the filing

of $16.392 million, or a net loss of $8.66 per share, for the third quarter of 2021. Nine Months Financial Results • Revenues for the nine months ended September 30, 2022 were $5.390 million, compared to $1.060 million in the nine months ended September 30, 2021. • Gross margin for the nine months ended September 30, 2022 was $0.607 million, compared to $(0.714)

View on SEC.gov

41 earnings releases filed in the last 30 days. Browse all earnings releases →

Hyperfine, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-22-024471

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.