The earnings call presented a positive outlook for Outset Medical, with significant growth in revenue, console sales, and recurring revenue. Operational improvements and strong customer satisfaction add to the positive sentiment, despite challenges such as federal funding cuts and manufacturing overhead issues.

Company Guidance -

Q1 2025

During the Outset Medical first quarter 2025 earnings call, Leslie Trigg, Chair and CEO, highlighted several key metrics and aspects of the company's performance. Revenue for the first quarter reached $29.8 million, marking a 6% increase from the prior year, with console revenue growing 23% sequentially. The company also achieved a recurring revenue of $22.7 million, a 20% increase from the previous year, driven by strong utilization of the Tablo installed base. The non-GAAP gross margin expanded to 37.6%, with indications that it could reach 50% in the future. The company shipped its 3 millionth treatment, achieving this milestone in just over 12 months compared to the previous 17-month period. Outset Medical also reported a significant reduction in non-GAAP operating loss and maintained a robust cash position of $192.3 million. Despite fiscal challenges in the healthcare sector, Trigg affirmed that Outset Medical's guidance for 2025 remains on track, emphasizing their focus on growing console revenue, increasing gross margins, and driving towards profitability.

Revenue Growth

Revenue for Q1 2025 was $29.8 million, reflecting a 6% growth from the first quarter of last year.

Console Revenue Growth

Console revenue saw a 23% sequential growth, marking a key metric for the company's growth strategy.

Recurring Revenue Increase

Recurring revenue of $22.7 million grew 20% over the first quarter of last year, showing strong utilization of Tablo consoles.

Gross Margin Improvement

Non-GAAP gross margin improved to 37.6%, with a product gross margin increase of 860 basis points year-over-year.

Operational Progress

Non-GAAP operating loss was $13.4 million, 49% lower than the prior year period, indicating progress towards profitability.

Strong Customer Satisfaction

The field service team received customer satisfaction scores consistently above 95%.

Outset Medical (OM) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

OM Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jul 30, 2025	2025 (Q2)	-0.98 / -	-7.05	―	―	―
May 07, 2025	2025 (Q1)	-0.94 / -3.24	-8.55	62.11% (+5.31)	―
Feb 19, 2025	2024 (Q4)	-6.20 / -5.55	-8.85	37.29% (+3.30)	―
Nov 06, 2024	2024 (Q3)	-6.60 / -5.85	-10.65	45.07% (+4.80)	―
Aug 07, 2024	2024 (Q2)	-6.69 / -7.05	-10.35	31.88% (+3.30)	―
May 08, 2024	2024 (Q1)	-8.25 / -8.55	-10.8	20.83% (+2.25)	―
Feb 21, 2024	2023 (Q4)	-9.60 / -8.85	-10.65	16.90% (+1.80)	―
Nov 07, 2023	2023 (Q3)	-10.54 / -10.65	-10.5	-1.43% (-0.15)	―
Aug 02, 2023	2023 (Q2)	-11.32 / -10.35	-11.55	10.39% (+1.20)	―
May 03, 2023	2023 (Q1)	-10.97 / -10.80	-10.05	-7.46% (-0.75)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

OM Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 07, 2025	$11.74	$15.88	+35.26%
Feb 19, 2025	$14.10	$14.40	+2.13%
Nov 06, 2024	$9.30	$11.64	+25.16%
Aug 07, 2024	$51.00	$16.05	-68.53%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Outset Medical (OM) report earnings?

Outset Medical (OM) is schdueled to report earning on Jul 30, 2025, After Close (Confirmed).

What is Outset Medical (OM) earnings time?

Outset Medical (OM) earnings time is at Jul 30, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is OM EPS forecast?

OM EPS forecast for the fiscal quarter 2025 (Q2) is -0.98.

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