earnings
confidence high
sentiment positive
materiality 0.75
Envoy Medical posts Q2 loss, submits first FDA PMA module for Acclaim implant
Envoy Medical, Inc.
2026-Q2 EPS reported
-$0.15
revenue$90,000
- Q2 2026 net loss of $7.27M ($0.07/share) vs $6.94M ($0.32/share) in Q2 2025; revenue only $51K.
- Submitted first of four modular PMA modules to FDA for Acclaim cochlear implant; final module targeted Q2 2027.
- 12-month Stage 1 data: mean CNC word score 53.2% vs 15.2% baseline (38.0 pp gain), up from 24.0 pp at 6 months.
- R&D spending rose to $3.13M from $2.49M on clinical trial and PMA work; cash ~$19.7M at June 30.
- Terminated $15M ATM equity facility; 4 patents granted in Australia and Europe.