earnings
confidence high
sentiment positive
materiality 0.75
InfuSystem reports record Q3 revenue of $35.3M, up 11% YoY; net income +162%
InfuSystem Holdings, Inc
2024-Q3 EPS reported
$0.07
revenue$101,013,000
- Net revenue $35.3M (+11% YoY); Patient Services $20.8M (+8%), Device Solutions $14.5M (+15%).
- Net income $1.8M (+162%), diluted EPS $0.08; Adj EBITDA $7.9M (+27%), margin 22.3%.
- Operating cash flow YTD $12.5M (+91%); liquidity $46.9M as of Sept 30, 2024.
- Reaffirms FY2024 guidance: high-single-digit revenue growth, Adj EBITDA margin high-teens.
- New partnerships: Smith+Nephew for NPWT and exclusive Chemo Mouthpiece deal with Sanara MedTech.