earnings
confidence high
sentiment neutral
materiality 0.65
MiMedx Q1 net sales $88M (+4% YoY); GAAP EPS $0.05; reaffirms high single-digit growth outlook
MIMEDX GROUP, INC.
2025-Q1 EPS reported
$0.05
revenue$88,205,000
- Net sales $88M (+4% YoY); GAAP net income $7M ($0.05 EPS); Adj. EBITDA $17M (20% margin).
- Gross margin fell to 81% from 85% on product mix; Surgical products grew 16%, Wound fell 2%.
- Cash $106M; net debt $0; 2025 outlook: high single-digit sales growth and >20% Adj. EBITDA margin.
- CEO calls LCD delay disappointing; added CELERA product as contingency for affected settings.
- SG&A rose to $60M from $55M on higher commissions, salaries, and legal/regulatory costs.