Procedure RevenueProcedure revenue declined by -8.4% reflecting lower new clinic growth, higher than normal attrition of established clinics, and lower procedure volume.
Revenue GuidanceManagement lowered both revenue and EBITDA outlook and now expects revenue above $190mm vs. $202-$208mm prior and adj. EBITDA above $50mm vs. $59-$64mm prior.
Software TransitionOngoing software transition issues will linger, and it will likely take 2+ quarters for trends to start to show improvement.