Record-Breaking Revenue and Growth
Achieved revenue of $20.4 million in Q2 2025, a 14% increase over the same period last year, marking the 16th consecutive quarter of record revenues. GAAP diluted earnings per share increased 18% from Q2 of 2024.
Strong Product Performance
MRI IV pump systems contributed $8.2 million, up 19% year-over-year, and patient vital signs monitoring systems contributed $5.9 million, up 9%.
FDA Clearance for New Product
The FDA cleared the new 3870 IV pump systems for distribution, marking a significant milestone for the company.
Positive Financial Guidance
For Q3 2025, expected revenue of $20.5 million to $20.9 million, representing 12% to 14% growth over Q3 2024. For the full year 2025, revenue is expected to be $80 million to $82.5 million, up from prior guidance of $78 million to $82 million.
Strong Cash Flow and Financial Position
Cash and cash equivalents of $53 million, with a strong cash flow from operations of $7.7 million for the quarter, up 17% from Q2 2024.