Significant Revenue Growth
Total revenue for the quarter reached $134 million, marking a 16% increase year-over-year, driven by key franchises globally.
Improved Profitability and Cash Generation
Achieved nearly $18 million of adjusted EBITDA and over $30 million in cash generated in the third quarter.
Strong Product Launches
Successful launches of AtriClip FLEX-Mini, cryoSPHERE MAX, and EnCompass Clamp contributed to growth in appendage and pain management.
Appendage Management Growth
Worldwide revenue grew over 20% for appendage management, driven by AtriClip FLEX-Mini and PRO-Mini devices.
LeAAPS Clinical Trial Enrollment
Completed enrollment of over 6,500 patients in the LeAAPS trial, indicating strong interest and potential market expansion.
Open Ablation Growth
Open ablation growth accelerated to over 18%, with strong performance from EnCompass Clamp in the US and Europe.
Pain Management Expansion
Pain management franchise grew 28% in the quarter, driven by cryoSPHERE MAX and cryoSPHERE+ probes.
Cash Position and Guidance Increase
Ended the quarter with $147.9 million in cash and investments, raising full-year revenue guidance to $532-534 million.