other material
confidence high
sentiment neutral
materiality 0.55
Catheter Precision reports Q2 revenue of $94,840; approves 1-for-10 reverse stock split
Catheter Precision, Inc.
- Preliminary Q2 2024 revenue $94,840, including first LockeT sales ($40,500) and VIVO ($54,340).
- Six-month 2024 revenue $176,923; 15% sequential quarter-over-quarter growth.
- Board approved 1-for-10 reverse stock split effective July 15, 2024; shares reduce from 8.4M to ~839K.
- Series A Preferred conversion issued 814,228 common shares on July 1, 2024.
- New CCO Marie Claude Jaques hired in May; sales pipeline growing.