earnings
confidence high
sentiment negative
materiality 0.75
InspireMD Q1 revenue $3.4M (+122% YoY); voluntary recall of CGuard Prime 135 cm
InspireMD, Inc.
2026-Q1 EPS reported
-$0.16
revenue$3,398,000
- Net loss $13.7M ($0.16/share) vs $11.2M loss a year ago; operating expenses rose to $14.7M.
- GAAP gross profit $0.7M (20.2% margin); adjusted gross profit $1.2M (34.1%) excluding $0.5M impairment charge.
- Voluntary recall of CGuard Prime 135 cm; expected costs $700K returns + $650K inventory/remediation.
- FDA approved IDE for CGUARDIANS III trial of SwitchGuard NPS; CGuard Prime 80 cm TCAR approval expected H2 2026.
- Original CGuard FDA approval anticipated Q3 2026; over 625 cumulative procedures with CGuard Prime since launch.
item 2.02item 9.01