earnings
confidence high
sentiment neutral
materiality 0.65
Movano Health Q2 2024 operating loss narrows to $6.4M; Evie Ring back in stock Sept 17
Corvex, Inc.
2024-Q2 EPS reported
-$0.15
revenue$852,000
- Operating loss of $6.4M improved from $7.4M in Q2 2023; no revenue reported as refunds offset deferred revenue.
- Shipped 1,837 Evie Rings in Q2; cash and equivalents $16.9M at June 30, 2024.
- Evie Ring expected back in stock September 17, 2024; brand partnership with Heidi D'Amelio announced.
- FDA live meeting scheduled mid-August for EvieMED 510(k) clearance; B2B opportunities with pharma and payor advancing.
- April 2024 $24.1M private placement closed with tier-1 medical device company investment.