Overview
TransMedics Q2 revenue grows 38% yr/yr, beating analyst expectations, per LSEG data
Net income for Q2 rises significantly, reflecting successful strategy execution
Company raises full-year 2025 revenue guidance, indicating confidence in growth
Outlook
TransMedics raises 2025 revenue guidance to $585 mln-$605 mln
Company targets 10,000 US NOP (National OCS Program) transplants by 2028
Result Drivers
OCS UTILIZATION - Revenue growth driven by increased utilization of Organ Care System, particularly in Liver and Heart through National OCS Program
AVIATION EXPANSION - Expansion and utilization of aviation fleet fueled NOP service revenue
R&D INVESTMENT - Increased operating expenses attributed to higher research and development investment
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue | Beat | $157.40 mln | $147.90 mln (9 Analysts) |
Q2 Net Income | $34.90 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the advanced medical equipment & technology peer group is "buy"
Wall Street's median 12-month price target for Transmedics Group Inc is $149.00, about 29.6% above its July 29 closing price of $104.83
The stock recently traded at 48 times the next 12-month earnings vs. a P/E of 41 three months ago
Press Release: ID:nPnXYVH1a
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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