
TransMedics Group Inc. reported strong financial results for the fourth quarter and full year of 2024. The company achieved total revenue of $121.6 million in Q4, marking a 50% increase compared to the same period in 2023. For the full year, total revenue reached $441.5 million, an 83% increase from 2023. The company also reported a net income of $6.9 million for Q4, with earnings per share (EPS) of $0.19, surpassing analysts' estimates of $0.16. Sales for the quarter exceeded expectations, coming in at $121.62 million against an estimate of $110.29 million. Additionally, the company's guidance for 2025 indicates projected sales of $541 million, higher than the anticipated $520 million. Following the earnings report, TransMedics' stock rose by 10% in after-hours trading.
$TMDX | Post Market: +10% | ๐๐ซ๐๐ง๐ฌ๐๐๐๐ข๐๐ฌ ๐๐ ๐๐๐ซ๐ง๐ข๐ง๐ ๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ: Revenue: $121.6M (โ 50% YoY) | GAAP EPS: $0.19 ๐ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ: โค ๐๐ ๐ซ๐๐ฏ๐๐ง๐ฎ๐ grew ๐๐% YoY to $๐๐๐.๐๐, driven by higher OCS utilization andโฆ https://t.co/sdC94VKuKU
$TMDX Transmedics beats. +10% AH https://t.co/M0bvLC2p6h
$TMDX stock hit $177 last year. Locked some nice profits into that big spike and bought this huge pullback to $60 It will eventually hit triple digits Short term guidance cut last year due to seasonality gave huge discount on stock price. As I been saying stock will recover itsโฆ https://t.co/SquAWNijKr

