Financial PerformanceKRMD delivered a strong quarter as it generated $10M in quarterly revenues for the first time and beat across the P&L, continuing to see material outperformance in its OUS markets.
Innovation And DevelopmentInnovation is alive and well with ongoing development, including multiple expected 510(K) submissions in 2025 and 2026 across its core platform and Novel Therapies.
International ExpansionGrowth of OUS has been robust as Europe transitions to prefilled syringes, a move KRMD is poised to take significant advantage of and drive share gains over its current 10-15% OUS market share.
Revenue GuidanceKRMD raised its revenue guidance reflecting growth of now 18-20%, underpinned by 8-10% SCIg market growth, global share gains, NRE revenue from 3 new expected collaborations, and its flow controller line extension.