Reports Q3 revenue $21.2M vs $18.33M last year. “We are proud to announce our seventeenth consecutive quarter of record revenue, reaching $21.2 million in the third quarter of 2025-a 16% increase year-over-year and exceeding our previously announced guidance. Although we experienced some transitional inefficiencies as we settled into our new Orlando facility early in the quarter, we maintained a strong 78% gross margin. As of the end of the third quarter, the facility is fully operational, positioning us to efficiently meet accelerating demand, with our pump and monitor backlog at all-time highs. None of this would have been possible without the extraordinary dedication of our employees, whose tireless efforts-especially during the move to the new facility-ensured a seamless transition while delivering exceptional results. We are deeply grateful for their hard work and commitment.”
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on IRMD:
