earnings
confidence high
sentiment positive
materiality 0.70
Outset Medical Q1 revenue up 6%, gross margin expands to 37.2%, net loss narrows
Outset Medical, Inc.
2025-Q1 EPS reported
-$3.66
revenue$29,752,000
- Net revenue $29.8M (+6% YoY); recurring Tablo consumables & services $22.7M (+20% YoY).
- Gross margin 37.2% (non-GAAP 37.6%), up from 29.2% in Q1 2024; product margin 48.3%.
- Net loss $25.8M (-$3.66/share) vs. $39.9M (-$11.77) a year ago; operating cash use down 44%.
- Reiterated FY2025 guidance: revenue $115M-$125M, non-GAAP gross margin high-30% range, cash use < $50M.
- Tariff exemption confirmed under USMCA and for chronically disabled; no expected impact.