earnings
confidence high
sentiment neutral
materiality 0.70
Strata Critical Medical Q2 revenue $72.5M (+60.7% YoY); net loss $(10.5)M
Strata Critical Medical, Inc.
- Revenue $72.5M, up 60.7% YoY; Clinical segment contributed $24.3M vs. zero in prior year.
- Net loss from continuing ops $(10.5)M (14.5% of revenue) vs. $(3.4)M loss a year ago.
- Adjusted EBITDA $7.9M (10.9% margin); operating cash flow $5.7M, free cash flow $2.9M.
- Completed bolt-on acquisitions of Louisville Perfusion, Heart/Lung Transplant Recovery, Ohio Valley Perfusion in Q2.
- Signed agreement to take over Statline's Transplant Center Organ Placement customer relationships over next year.