Avinger, Inc.: Avinger Reports First Quarter 2021 Financial Results
13% Year-over-Year Revenue Growth Driven by Tigereye Commercial Launch and Pantheris SV Sales Growth
REDWOOD CITY, CA / ACCESSWIRE / May 6, 2021 / Avinger, Inc. (NASDAQ:AVGR), a commercial-stage medical device company marketing the first and only intravascular image-guided, catheter-based system for diagnosis and treatment of Peripheral Artery Disease (PAD), today reported results for the first quarter ended March 31, 2021.
First Quarter and Recent Highlights
Revenue increased 13% year-over-year to $2.6 million, reflecting commercial launch of the new Tigereye CTO-crossing device and strong Pantheris SV sales growth
Gross margin improved 13 percentage points year-over-year to 35%, driven by increased volume as Avinger continues to scale its operations
Apollo Endosurgery, Inc. Reports 29% Increase in First Quarter Revenue
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Conference Call to Discuss Results Today at 3:30 p.m. CT / 4:30 p.m. ET
AUSTIN, TX / ACCESSWIRE / May 4, 2021 / Apollo Endosurgery, Inc. ( Apollo ) (NASDAQ:APEN), a global leader in less invasive medical devices for gastrointestinal and bariatric procedures, today announced financial results for the first quarter ended March 31, 2021.
Highlights
Total revenue of $13.9 million, an increase of 29% from the first quarter of 2020
Endoscopic Suturing System (ESS) revenue increased 26% and Intragastric Balloon (IGB) revenue increased 41% compared to the first quarter of 2020
Gross margin of 54%, 2% higher than the first quarter of 2020
Limited launch of X-Tack demonstrates excellent product performance, ease of use, and a wide range of upper and lower GI applications; commercial launch of X-Tack initiated with almost 50 active sites
CareCloud Promotes Leaders within its Operations Team to Support Another Record Year of Growth
May 03, 2021 08:30 ET | Source: CareCloud, Inc CareCloud, Inc
SOMERSET, N.J., May 03, 2021 (GLOBE NEWSWIRE)
, Inc. (Nasdaq: MTBC) (Nasdaq: MTBCP), a leader in healthcare technology solutions for medical practices and health systems nationwide, today announced the promotion of two leaders within its management team: Loraine Goetsch to Division President and SVP of Integrations, and Steve Link to Senior Vice President of Client Operations. Goetsch and Link are working to support CareCloud’s ongoing scalability by enhancing and optimizing critical aspects such as operational integration and functional service delivery.
Apollo Endosurgery Announces Appointments to Commercial Leadership Team
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Kirk Ellis to Serve as Vice President of US Sales
Steve Bosrock to Serve as Vice President of Marketing & Medical Education
AUSTIN, TX / ACCESSWIRE / May 3, 2021 / Apollo Endosurgery, Inc. ( Apollo ) (NASDAQ:APEN), a global leader in minimally invasive medical devices for gastrointestinal and bariatric procedures, today announced the appointments of Kirk Ellis as Vice President of US Sales and Steve Bosrock as Vice President of Marketing & Medical Education. Splitting the Vice President of Marketing and Sales into two roles will enhance Apollo s commercial acumen as the company pursues attractive growth prospects across three product lines. Both Mr. Ellis and Mr. Bosrock will begin their roles on May 10, 2021.
Apollo Endosurgery, Inc.: Apollo Endosurgery Announces Appointments to Commercial Leadership Team
Steve Bosrock to Serve as Vice President of Marketing & Medical Education
AUSTIN, TX / ACCESSWIRE / May 3, 2021 / Apollo Endosurgery, Inc. ( Apollo ) (NASDAQ:APEN), a global leader in minimally invasive medical devices for gastrointestinal and bariatric procedures, today announced the appointments of Kirk Ellis as Vice President of US Sales and Steve Bosrock as Vice President of Marketing & Medical Education. Splitting the Vice President of Marketing and Sales into two roles will enhance Apollo s commercial acumen as the company pursues attractive growth prospects across three product lines. Both Mr. Ellis and Mr. Bosrock will begin their roles on May 10, 2021.