earnings
confidence high
sentiment neutral
materiality 0.65
Outset Medical Q2 revenue $31.6M (+1% YoY); signs $40M HCA refresh deal
Outset Medical, Inc.
- Net revenue $31.6M, up 1% YoY and 14% sequentially; recurring revenue $22.1M flat.
- Gross margin 42% (+400 bps YoY); net loss $18.0M vs $18.5M prior year.
- Signed three-year, $40M agreement with HCA Healthcare to refresh Tablo fleet.
- Cash position $151M; net cash used $9.5M in quarter.
- Reiterated FY2026 revenue guidance $125M-$130M (5-9% growth).