Itamar Medical Reports First Quarter 2019 Financial Results
Itamar Medical Ltd. - American Depository Shares (ITMR)
Company Research
Source: GlobeNewswire
- WatchPAT™ Revenues Increase 15% to $5.8 Million - - U.S. WatchPAT Revenues Increase 34% to $4.3 Million - - Total Revenues Increase 11% to $6.1 Million - CAESAREA, Israel, May 21, 2019 (GLOBE NEWSWIRE) -- Itamar Medical Ltd. (Nasdaq & TASE: ITMR), a company that develops, manufactures and markets non-invasive diagnostic medical devices for sleep apnea with a focus on the cardiology market, today reported unaudited financial results for the first quarter of 2019. “We are pleased that the investment in our U.S. sales and marketing organization is showing initial results with U.S. WatchPAT revenue growing by 34% in the first quarter of this year,” said Gilad Glick, President and Chief Executive Officer of Itamar Medical. “Cardiologists are seeing the benefits that our WatchPAT technology provides in addressing critical clinical needs at a time when sleep apnea is reaching epidemic proportions. We continue to expand our sales force in order to ensure the highest level of customer
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