Acutus Medical Reports First Quarter 2024 Financial Results [Yahoo! Finance]
Acutus Medical, Inc. (AFIB)
Company Research
Source: Yahoo! Finance
Recent Highlights: First quarter revenue from Continuing Operations of $3.6 million grew 192% year-over-year, from $1.2 million in the same quarter last year.. Operating expenses for continuing operations were $3.3 million, a reduction of 38% compared to the same period last year. Recorded $2.8 million in gain on sale of business, an increase of 131% compared to the same period last year. Cash, cash equivalents, marketable securities and restricted cash were $20.0 million as of March 31, 2024. First Quarter 2024 Financial Results Revenue from Continuing Operations was $3.6 million for the first quarter of 2024, an increase of 192% compared to $1.2 million for the first quarter of 2023. Gross margin on a GAAP basis for continuing operations was negative 1% for the first quarter of 2024 compared to negative 70% for the same quarter last year. The improvement was driven by higher production volumes related to left-heart access manufacturing and reduced manufacturing overhe
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News
- Acutus Medical Reports First Quarter 2024 Financial ResultsGlobeNewswire
- Innovations in Cardiac Care: The Future of Cardiac Ablation Devices Revealed [Yahoo! Finance]Yahoo! Finance
- Acutus Medical Full Year 2023 Earnings: US$0.41 loss per share (vs US$1.40 loss in FY 2022) [Yahoo! Finance]Yahoo! Finance
- Acutus Medical Reports Fourth Quarter and Full Year 2023 Financial ResultsGlobeNewswire
AFIB
Earnings
- 11/8/23 - Beat
AFIB
Sec Filings
- 5/17/24 - Form SC
- 5/17/24 - Form 8-K
- 5/16/24 - Form 25-NSE
- AFIB's page on the SEC website