Tenon Medical Reports First Quarter 2024 Financial Results [Yahoo! Finance]
Tenon Medical, Inc. (TNON)
Company Research
Source: Yahoo! Finance
~ Catamaran® SI Joint Fusion System Received Positive Fusion Results from Post-Market Study ~ LOS GATOS, CA / ACCESSWIRE / May 14, 2024 / Tenon Medical, Inc. (NASDAQ:TNON) ("Tenon Medical" or the "Company"), a company transforming care for patients suffering with certain sacroiliac joint (SI Joint) disorders, today reported financial results for the first quarter ended March 31, 2024. First Quarter 2024 Highlights Revenue of $719,000 in the first quarter of 2024, a 66% increase over the prior year quarter. Gross profit of $470,000 as compared to a gross loss of ($47,000) in the first quarter of 2023. Consistent quarterly gross profit margin of 65% in the first quarter of 2024, and a notable increase as compared to (11)% in the same year ago period. Announced positive fusion results in first patients reaching 12-month follow up in an IRB approved, multi-centered, post-market study utilizing the Catamaran® SI Joint Fusion System. Received Notice of Allowance for its U
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TNON
News
- Tenon Medical Reports First Quarter 2024 Financial ResultsAccesswire
- Tenon Medical, Inc. Announces Timing of First Quarter 2024 Financial Results Accesswire
- Tenon Medical, Inc. (NASDAQ: TNON) had its price target lowered by analysts at Benchmark Co. from $5.00 to $3.00. They now have a "speculative buy" rating on the stock.MarketBeat
- Tenon(R) Medical Appoints Kristine Jacques to its Board of Directors [Yahoo! Finance]Yahoo! Finance
- Tenon(R) Medical Appoints Kristine Jacques to its Board of DirectorsAccesswire
TNON
Sec Filings
- 5/22/24 - Form 8-K
- 5/15/24 - Form 10-Q
- 5/10/24 - Form S-1
- TNON's page on the SEC website