Beyond Air Inc. Reports 220% Increase in Revenues to $3.7 Million for Fiscal Year 2025; Net Loss Narrows to $46.6 Million, EPS at ($0.69)

Reuters
17小時前
Beyond Air Inc. Reports 220% Increase in Revenues to $3.7 Million for Fiscal Year 2025; Net Loss Narrows to $46.6 Million, EPS at ($0.69)

Beyond Air Inc. $(XAIR)$ has announced its financial results for the fiscal fourth quarter and year ended March 31, 2025. The company reported a 220% increase in annual revenues, rising to $3.7 million from $1.2 million for the previous fiscal year ended March 31, 2024. Despite this significant growth in revenues, Beyond Air reported a net loss attributed to common stockholders of $46.6 million for the year ended March 31, 2025, compared to a net loss of $60.2 million for the previous fiscal year. Looking ahead, Beyond Air expects to report revenues of at least $1.7 million for the quarter ending June 30, 2025, and has introduced revenue guidance of $12 million to $16 million for the full fiscal year 2026. The company has also submitted a PMA supplement for its second-generation LungFit® PH to the FDA and continues to expand its international distribution partnerships, now covering markets representing over 2 billion lives. LungFit® PH is actively shipping to Europe, Australia, and the Middle East. Additionally, Robert Goodman, a seasoned healthcare executive, has been appointed to the company's Board of Directors.

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. Beyond Air Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-015650), on June 18, 2025, and is solely responsible for the information contained therein.

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