TransMedics Group Inc. announced its financial results for the second quarter of 2025, reporting a total revenue of $157.4 million, marking a 38% increase compared to the same period in 2024. The company generated a net income of $34.9 million, or $0.92 per fully diluted share, during this period. The company also updated its financial outlook for the full year 2025, raising its revenue guidance to a range of $585 million to $605 million, reflecting a 35% growth at the midpoint compared to the previous year's revenue. In addition to its financial performance, TransMedics received conditional Investigations Device Exemption $(IDE)$ approval from the U.S. Food and Drug Administration to initiate the Next-Gen OCS™ Lung trial. The company also launched the OCS NOP digital ecosystem, NOP ACCESS™, across major NOP™ transplant programs in the United States. President and CEO Waleed Hassanein expressed confidence in the company's strategy and emphasized the focus on achieving 10,000 US NOP transplants by 2028 while continuing to invest in future growth opportunities.
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