---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-058664"
form_type: "8-K"
ticker: "HYPR"
cik: "0001833769"
company_name: "Hyperfine, Inc."
filed_at: "2024-05-13T23:59:59+00:00"
generated_at: "2026-06-02T02:40:29.002355+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Hyperfine Q1 revenue up 25% to $3.30M; net loss narrows to $0.14/share

## Summary
- Revenue $3.30M, up 25% YoY from $2.64M; 13 commercial Swoop systems sold in Q1.
- Net loss $9.85M ($0.14 loss per share), improved from $12.16M loss ($0.17) in Q1 2023.
- Launched 8th gen AI software; began CARE PMR Alzheimer's study; >100 patients in stroke study.
- Full-year 2024 revenue guidance $12-15M; cash burn guidance ~$40M.
- Gross margin $1.35M; SG&A expense down 26% YoY to $6.43M; R&D $5.57M.

## SEC filing metadata
- accession: 0000950170-24-058664
- form_type: 8-K
- ticker: HYPR
- cik: 0001833769
- company_name: Hyperfine, Inc.
- filed_at: 2024-05-13T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1833769/000095017024058664/0000950170-24-058664-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1833769/000095017024058664/hypr-20240513.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-058664
- JSON: https://secwatch.observer/filing/0000950170-24-058664.json
- Plain text: https://secwatch.observer/filing/0000950170-24-058664.txt

## Key facts
- Earnings Releases
  Hyperfine, Inc. reported first quarter ended March 31, 2024 results: revenue $3.30 million, net income $9.85 million, EPS $0.14 per share. Guidance reaffirmed.
  - Period: first quarter ended March 31, 2024
  - Revenue: $3.30 million
  - Net income: $9.85 million
  - EPS: $0.14 per share
  - Guidance: reaffirmed
  - Result: reported results
  source text: Stroke Conference and 17 at International Society for Magnetic Resonance Medicine. First Quarter 2024 Financial Results • Revenues for the first quarter of 2024 were $3.30 million, up 25%, compared to $2.64 million in the first quarter of 2023. • Hyperfine, Inc. sold 13 commercial Swoop® systems in the first quarter of 2024. • Gross margin for the first
  evidence_url: https://www.sec.gov/Archives/edgar/data/1833769/000095017024058664/0000950170-24-058664-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.