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Stock impact report

Axonics Reports Fourth Quarter and Fiscal Year 2023 Financial Results [Yahoo! Finance]

Axonics, Inc. (AXNX) 
Last axonics, inc. earnings: 3/4 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
commercializing novel products for the treatment of bladder and bowel dysfunction, today reported financial results for the three months and fiscal year ended December 31, 2023. "The continued strong performance of Axonics reflects the physician community's preference and enthusiasm for our incontinence products," said Raymond W. Cohen, chief executive officer. "Revenue grew 34% in 2023, gross margin expanded to nearly 75% and Axonics generated over $50 million of adjusted EBITDA." Mr. Cohen continued, "In 2023, clinicians used Axonics therapies to treat approximately 100,000 incontinence patients globally, a testament to our mission-driven employees and their commitment to quality and teamwork. Our team is looking forward to the global impact we can make as part of Boston Scientific as we endeavor to bring these life-changing therapies to more patients than ever before." Fourth Quarter 2023 Financial Results Net revenue was $109.7 million in fourth quarter 2023, an increase o Show less Read more
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