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Stock impact report

Axonics Inc (AXNX) Reports Robust Revenue Growth and Margin Expansion in Q4 and FY 2023 [Yahoo! Finance]

Axonics, Inc. (AXNX) 
Last axonics, inc. earnings: 3/4 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Gross Margin Improvement : Gross margin expanded to 74.9% for the fiscal year, up from 72.2% in the prior year, reflecting improved operational efficiency. Net Income Surge in Q4 : Fourth quarter net income rose to $6.6 million, a substantial increase from $0.7 million in the same period last year. Adjusted EBITDA Growth : Adjusted EBITDA for the fiscal year soared to $52.3 million, a significant improvement from $1.6 million in the prior year. Liquidity Position : The company reported a strong liquidity position with $358 million in cash, cash equivalents, short-term investments, and restricted cash as of December 31, 2023. On February 28, 2024, Axonics Inc ( NASDAQ:AXNX ) released its 8-K filing , detailing the financial results for the fourth quarter and fiscal year ended December 31, 2023. The company, a leading medical technology firm focused on developing and commercializing innovative products for bladder and bowel dysfunction, has reported a year of strong financial p Show less Read more
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