Itamar™ Medical Announces Preliminary Revenue for Fourth Quarter and Full Year 2019 and Revenue Guidance for Full Year 2020
Itamar Medical Ltd. - American Depository Shares (ITMR)
Company Research
Source: GlobeNewswire
- 2019 Fiscal Year Revenues Expected to Increase 29% to $31.1 Million to $31.3 Million - - Full Year 2020 Revenue Guidance of $39.5 Million to $42.0 Million - CAESAREA, Israel, Jan. 13, 2020 (GLOBE NEWSWIRE) -- Itamar Medical Ltd. (Nasdaq: ITMR) (TASE: ITMR), a company that develops, manufactures and markets non-invasive diagnostic prescription medical devices to aid in the diagnosis of respiratory sleep disorders with a focus on the Core Sleep, Cardiology and Digital Health markets, today reported preliminary unaudited revenue results for the fourth quarter and full year ended December 31, 2019 and announced revenue guidance for the full year 2020. Preliminary Fourth Quarter 2019 Revenue: Total revenue for the fourth quarter of 2019 is expected to be $9.6 to $9.8 million, an increase of 46% to 49% compared to $6.6 million in the same quarter in 2018.WatchPAT™ revenue for the fourth quarter of 2019 is expected to be $8.9 to $9.1 million, an increase of 48% to 52%
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