InfuSystem Shares Hit 52-Week High on Higher 2Q Earnings, Revenue

Dow Jones
08/05
 
 

InfuSystem Holdings shares rose after the company reported higher earnings and revenue in the second quarter.

The stock was up 24%, at $11.40, on Tuesday after hitting its 52-week high of $11.50 earlier in the session.

The company, which provides healthcare services, said it had quarterly earnings of $3.2 million, or 15 cents a share, compared with earnings of $2.6 million, or 12 cents a share, in the same quarter last year.

Revenue for the quarter was $36.9 million, compared with last year's $36 million. Analysts polled by FactSet were looking for revenue of $36.4 million. Patient Services revenue was $24.8 million, an increase of 15% over last year. Device Solutions revenue was $12.1 million, a decrease of 16%.

InfuSystem said it was reaffirming its revenue guidance for 2026. It is expecting revenue growth of 6% to 8%.

 
 

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