earnings
confidence high
sentiment positive
materiality 0.65
Picard Medical Q1 preliminary revenue up 79.9% to $1.1M; driven by STAH sales
Picard Medical, Inc.
- Preliminary unaudited revenue of $1.1M for Q1 2026 vs $0.6M in Q1 2025, a 79.9% increase.
- Growth driven by higher SynCardia Total Artificial Heart (STAH) sales, favorable U.S. reimbursement, and pricing adjustments on driver rentals.
- CEO cites progress in commercial initiatives and increased STAH utilization as bridge-to-transplant.
- Full Q1 results to be filed in Form 10-Q on or before May 15, 2026.