The following is a summary of the Pulmonx Corporation (LUNG) Q1 2024 Earnings Call Transcript:
Financial Performance:
Pulmonx reported Q1 2024 sales of $18.9 million, a 30% increase from the same period last year. The U.S business contributed $12.9 million, reflecting a 38% increase year-over-year. International revenue saw a 15% increase year-over-year, reaching $6.0 million. Pulmonx recorded a gross margin of 75%, up from 73% the previous year, with a net loss reported as $13.7 million or $0.36 per share. The Adjusted EBITDA loss improved from $11.2 million in Q1 2023 to $8 million.
Business Progress:
Pulmonx added nine new Zephyr Valve centers in the U.S in Q1 2024, expanding the total to 346. Encouraging developments have been recorded in the European expansion. The first patient treatment in a Japanese post-market approval study marks progress towards broader commercialization in Japan. FDA approval was received for an IDE pivotal trial for Zephyr Valves. The company maintains liquid assets of $120.4 million as of March end and forecasts full-year revenue and gross margin for 2024 to be in the range of $81 to $84 million and 74% to 75% respectively. Growth, efficiency, and operational improvements are the focus of their strategy, complemented by an innovation pipeline and the potential for enhanced market reach.
More details: Pulmonx IR
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
以下はPulmonx株式会社(LUNG)第1四半期決算説明会の要約です:
財務実績:
Pulmonxは、2024年第1四半期の売上高が1,890万ドルで、前年同期比30%増加しました。米国のビジネスが1,290万ドル、前年同期比38%増加し、国際売上高は前年同期比15%増の600万ドルに達しました。粗利率は前年の73%から75%に上昇し、純損失は1株当たり0.36ドルの13,700万ドル報告されました。調整後EBITDA損失は、2023年Q1の1120万ドルから800万ドルに改善されました。
ビジネスの進展:
詳細はこちら:Pulmonx IR
ヒント:この記事は人工知能によって生成されています。コンテンツの正確さは完全に保証されていません。より詳細な情報については、IRウェブサイトをご覧ください。この記事は、投資家の参考にのみであり、ガイダンスや推奨事項は一切ありません。