TransMedics Q2 revenue beats expectations, raises FY forecast

Reuters
07/31
TransMedics <a href="https://laohu8.com/S/QTWO">Q2</a> revenue beats expectations, raises FY forecast

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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