Vapotherm sees FY23 revenue $77M-$79M, consensus $76.05M

For fiscal 2023, the company expects net revenue to be in the range of $77M-$79M. "The company anticipates that 75% of revenue will come from U.S. revenue and 25% from International revenue. The company anticipates that 75% of the revenue will come from disposables revenue and that the remainder will come from capital equipment and service. For fiscal 2023, gross margin is expected to be in the range of 48% and 50%. For fiscal 2023, operating expenses are expected to be in the range of $76 million to $78 million. For fiscal 2023, non-GAAP cash operating expenses excluding additional items as detailed below are expected to be in the range of $60 million to $62 million," Vapotherm said.