Outset Medical Inc. Reports 6% Increase in Q1 Revenue to $29.8 Million, Driven by 23% Growth in Tablo Console Sales

Reuters
05-08
<a href="https://laohu8.com/S/OM">Outset Medical Inc.</a> Reports 6% Increase in Q1 Revenue to $29.8 Million, Driven by 23% Growth in Tablo Console Sales

Outset Medical Inc. reported its first quarter 2025 financial results, highlighting a revenue increase to $29.8 million, a 6% rise from $28.2 million in the same quarter of 2024. Product revenue reached $21.3 million, showing a 4% growth from $20.4 million in the prior year. The company emphasized the strong progress in its commercial transformation and operational execution. Additionally, Outset reiterated its 2025 revenue guidance, projecting between $115 million and $125 million, with a non-GAAP gross margin expected in the high-30% range. The company also anticipates using less than $50 million in cash for 2025, a reduction from the $103 million used in 2024. CEO Leslie Trigg noted the growth in console placements and utilization-driven recurring revenue, along with the expansion of their installed base in both acute and home hemodialysis settings.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Outset Medical Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9446003-en) on May 07, 2025, and is solely responsible for the information contained therein.

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