EarningsSecond-quarter revenue of $31.4M improved 15% year-over-year and comfortably beat the Street estimate by $2M.
Financial PerformanceManagement flagged that they used roughly 60% less cash in the second quarter relative to the prior year period as the company continues to make progress toward cash flow breakeven.
Product ExpansionThe Tablo installed base continued to expand during the quarter and reached nearly 6,000 consoles, with growth of 10% in 2024.