Baird Medical Announces Preliminary Financial Results for the Six Months Ended June 30, 2024
Baird Medical Investment Holdings Ltd - Ordinary Share (BDMD)
Company Research
Source: PR Newswire
Total revenues increased to US$13.1 million, representing 13.8% year-over-year growthNet income reached US$4.4 million, representing 85.8% year-over-year growthGUANGZHOU, China, Oct. 11, 2024 /PRNewswire/ -- Baird Medical Investment Holdings Ltd. (NASDAQ: BDMD) ("Baird Medical" or the "Company"), a leading microwave ablation ("MWA") medical device developer and provider in China which has recently expanded into the U.S. market following its receipt of US FDA 510(k) clearances, today announced its preliminary financial results for the six months ended June 30, 2024 (the "First Half of 2024").First Half of 2024 Financial HighlightsTotal revenues reached US$13.1 million, representing an increase of 13.8% from US$11.5 million in the same period of 2023.Gross profit increased by 20.9% to US$11.5 million from US$9.5 million in the first half of 2023.Operating income was US$5.1 million, representing an increase of 70.0% from US$3.0 million in the same period of 2023.Net income increased by 8
Show less
Read more
Impact Snapshot
Event Time:
BDMD
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BDMD alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BDMD alerts
High impacting Baird Medical Investment Holdings Ltd - Ordinary Share news events
Weekly update
A roundup of the hottest topics
BDMD
News
- Baird Medical Advances Global Academic Collaboration in Thyroid HealthPR Newswire
- Baird Medical Proudly Invited to Showcase Microwave Ablation Technology at the ACS Clinical CongressPR Newswire
- Baird Medical to Participate in the American Thyroid Association (ATA) Annual MeetingPR Newswire
- Baird Medical Lists in the U.S. on the Nasdaq ExchangePR Newswire
- Baird Medical to Participate in Roth's 3rd Annual Healthcare Opportunities ConferencePR Newswire