Picard Medical Reports Second Quarter 2025 Financial Results
Picard Medical, Inc. (PMI)
Company Research
Source: GlobeNewswire
Strong commercial momentum driven by higher product sales – Total revenue and $19.5 million IPO proceeds support expansion and innovation in artificial heart technology - TUSCON, Ariz., Sept. 15, 2025 (GLOBE NEWSWIRE) -- Picard Medical, Inc. (NYSE American: PMI) (“Picard” or the “Company”), parent company of SynCardia Systems LLC, maker of the world’s first U.S. and Canadian commercially-approved total artificial heart, announced financial results for the quarter and six months ended June 30, 2025. In early September, Picard successfully closed its initial public offering, raising gross proceeds of $19.5 million. “Our second quarter results reflect strong sales growth for the SynCardia total artificial heart,” said Patrick NJ Schnegelsberg, Chief Executive Officer of Picard Medical. “We achieved over 200% revenue growth year-over-year, strengthened our operating profile, and successfully completed our IPO the proceeds of which provide us with the capital to advance development of
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- Picard Medical, Inc. and SynCardia Systems LLC CEO to Present at CSI Focus D-HF 2025 in Frankfurt, Germany [Yahoo! Finance]Yahoo! Finance
- Picard Medical, Inc. and SynCardia Systems LLC CEO to Present at CSI Focus D-HF 2025 in Frankfurt, GermanyGlobeNewswire
- Picard Medical to Present the Next Generation Fully Implantable SynCardia Total Artificial Heart at ISMCS 2025 [Yahoo! Finance]Yahoo! Finance
- Picard Medical to Present the Next Generation Fully Implantable SynCardia Total Artificial Heart at ISMCS 2025GlobeNewswire
- SynCardia Completes First In Vivo Implantations of Next-Generation Emperor Total Artificial Heart [Yahoo! Finance]Yahoo! Finance
PMI
Sec Filings
- 12/4/25 - Form 8-K
- 12/3/25 - Form 8-K
- 11/26/25 - Form 8-K
- PMI's page on the SEC website