Streetwise Medical Devices Articles
Co. Starts Using AI on Its Telehealth Platform
Source: Streetwise Reports (7/21/23)
This telehealth company says it has started using artificial intelligence (AI) and machine learning (ML) with two of the clients on its platform.
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Up to 10,000 Patients To Join Telehealth Co.s Platform in Mexico
Source: Streetwise Reports (7/6/23)
This company is expanding its telehealth platform into Mexico, where more than 10,000 new patients are expected to be on board by next June.
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Telehealth Co. Expands to More Patients, Picks Up Coverage
Source: Streetwise Reports (6/26/23)
Reliq Health Technologies Inc. continues to pick up more contracts with skilled nursing facilities (SNFs) and other health care groups. Now it also has gotten analyst attention.
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Telehealth Co. Expands With Six New Contracts in Three States
Source: Streetwise Reports (6/13/23)
New contracts are expected to add more than 3,000 new patients to Reliq Health Technologies Inc.'s platform by the first quarter of next year, the company said.
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Medical Device Co. Completes Merger in Q1/23
Source: Jeffrey Cohen (6/8/23)
Due to the acquisition, the U.S.-based firm generated 844% more revenue during the quarter than it did a year earlier, noted a Ladenburg Thalmann report.
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Telehealth Co. Notches First Profitable Quarter
Source: Streetwise Reports (6/2/23)
Reliq Health Technologies announces record revenues for the three months ending March 31 and its first profitable quarter after a loss during the same quarter in 2022.
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Telehealth Co. Signs Contract With US Health Plan Serving 1 Million Patients
Source: Streetwise Reports (5/18/23)
Telehealth company Reliq Health Technologies signs a contract with a U.S. health plan that operates in five states with over 3,000 doctors and more than 1 million patients.
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Telehealth Co. Expands into Arkansas
Source: Streetwise Reports (5/5/23)
Telehealth company Reliq Health Technologies signs five new contracts in four states for its iUGO platform, including its first contract in the state of Arkansas, where chronic diseases cost billions annually.
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CEO: Telehealth Co. in 'More Comfortable Cash Position'
Source: Streetwise Reports (4/14/23)
Telehealth company Reliq Health Technologies Inc. expects to be profitable for the quarter ending in June and initiate a share buyback program this year, its CEO told shareholders this week.
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Telehealth Co. Signs Largest Client Yet
Source: Streetwise Reports (3/30/23)
Onboarding will begin in April for the healthcare system that has more than 1,200 care centers in seven states.
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Telemedicine Co. Sees Record Revenues on Software, Services Sales
Source: Streetwise Reports (3/13/23)
Reliq Health Technologies Inc. reports that software and services revenue continues to increase, leading to record cash intake for the quarter that ended Dec. 31, 2022.
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Med Tech Co. Well-Poised for Revenue Growth This Year
Source: Swayampakula Ramakanth (1/25/23)
New revenue sources already in place are expected to boost cash flow 72% over the next 12 months, noted an H.C. Wainwright & Co. report.
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Medical Device Co.'s Q2/22 Results Better Than Expected
Source: Dr. Andre Uddin (11/9/22)
Along with improving its numbers during the quarter, this firm sold its first ultrasound ablation machines in North America, noted a Research Capital Corp. report.
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Organ Transplant Co.'s Q3 Revenues Rise 378%
Source: Streetwise Reports (11/4/22)
Shares of medical technology firm TransMedics Group Inc. traded 24% higher to a new 52-week high after the company reported Q3/22 financial results highlighting a 378% YoY increase in net revenue and raised its FY/22 revenue estimates to US$80-85 million.
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Robotic Surgical Device Co.'s Shares Rise on Q3 Earnings
Source: Streetwise Reports (10/20/22)
Shares of Intuitive Surgical Inc. traded 9% higher yesterday after the robotic surgical device maker reported Q3/22 earnings that included an 11% YoY increase in revenue and a 13% YoY increase in its installed da Vinci Surgical System base.
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Several Trials of Co.'s Fluid Pump To Read Out This Year
Source: Dr. Yi Chen (9/14/22)
Positive topline data could boost the share price of this Swiss medical device firm, noted an H.C. Wainwright & Co. report.
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Medtech Co. Meets Primary Endpoints in Ph. 3 Glaucoma Trials
Source: Streetwise Reports (9/8/22)
Glaukos Corp.'s shares traded 18% higher yesterday after the company reported that in two separate Phase 3 trials, its iDose TR met its primary efficacy endpoints by lowering intraocular pressure in glaucoma patients.
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Cardiovascular Device Co. On Pace to Double Revenue in FY22
Source: Streetwise Reports (8/9/22)
Shares of Shockwave Medical Inc. traded 17% higher to a new 52-week high after the company advised that it posted a 116% YoY increase in revenue during Q2/22 and raised the midpoint for its FY/22 revenue guidance by $25 million to $465-475 million.
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SRT Device Maker's Revenues Rise 124% in Q2
Source: Streetwise Reports (8/5/22)
Sensus Healthcare Inc.'s shares traded 30% higher after the company reported it achieved a 124% YoY increase in revenue in Q2/22. The company advised that demand continues to remain strong for its superficial radiation therapy (SRT) devices which provide minimally invasive and non-surgical alternatives for non-melanoma skin cancer & keloid removal.
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Ins. Provider to Offer Med Tech Co.'s CGM to its 45M Members
Source: Streetwise Reports (8/4/22)
Shares of Senseonics Holdings Inc. traded 31.5% higher yesterday after the company reported that Elevance Health (formerly Anthem) has approved coverage of its Eversense® E3 implantable continuous glucose monitor to its forty-five million covered members.
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MRI Device Maker's Earnings Come In at High End of Forecasts
Source: Streetwise Reports (8/3/22)
IRadimed Corp. reported Q2/22 financial results that were modestly higher than expected. ROTH Capital Partners LLC advised in a research update that based on the company's higher revenues, improved margins and disciplined cost control measures it is maintaining its Buy rating on IRadimed and raising its price target to $42/share (up from $40).
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Medical Device Firm Maintains Growth Momentum in Q2/22
(7/21/22)
electroCore Inc.'s Q2/22 and H1/22 revenues are up quarter over quarter and year over year, respectively, and the upward trend is expected to continue through year-end 2022, noted an H.C. Wainwright & Co. report.
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Laser Device Co. Gains FDA Approval for Next-Gen Catheter
Source: Streetwise Reports (7/5/22)
Ra Medical Systems Inc. shares traded 36% higher after the firm reported it received U.S. FDA 510(k) clearance for its DABRA 2.0 Catheter. The DABRA 2.0 is incorporated into the company's DABRA Excimer Laser System which is used by vascular surgeons in procedures to treat lower extremity and peripheral vascular disease.
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Trial Shows Colon Cleansing Device to Be Effective
(5/26/22)
"The positive results could drive physician adoption when scheduling colonoscopies for hard-to-prepare patients going forward," noted an H.C. Wainwright & Co. report.
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FDA Approves New Skin Resurfacing Device
Source: Streetwise Reports (5/26/22)
Apyx Medical Corp. shares traded 50% higher after the company reported it received U.S. FDA 510(k) clearance for its Renuvion Dermal Handpiece for use in specific cosmetic dermal resurfacing procedures.
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