Hyperfine Q3 revenue hits record $3.64M, up 56% YoY; net loss $0.14/shr

Hyperfine, Inc.

2024-Q3 EPS reported -$0.42 revenue$10,569,000

Revenue $3.64M (+56% YoY); gross margin 52% vs 48% in Q3 2023.
Net loss $10.33M ($0.14 per share), improved from $10.76M ($0.15) a year ago.
FY 2024 revenue guidance $14–14.5M, implying 27–31% annual growth.
Cash burn expected $37–40M for full year 2024.
CE approval received for 9th-gen AI brain imaging software; clinical data at Alzheimer's and stroke conferences.

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