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0.104285714285714 0.104285714285714 0.104285714285714 0.0114285714285714 0.01 0.0500000000000001 0.00714285714285712 0.03
Stock impact report

InfuSystem Reports Third Quarter 2024 Financial Results

InfuSystems Holdings, Inc. (INFU) 
NASDAQ:AMEX Investor Relations: ir.infusystem.com
Company Research Source: Business Wire
Record Net Revenues of $35.3 million Representing 11% Growth from the Prior YearNet income of $1.8 million, an increase of 162%Adjusted EBITDA (non-GAAP) margin expanded by 2.8% to 22%Reaffirms Full-Year 2024 Guidance ROCHESTER HILLS, Mich.--(BUSINESS WIRE)--InfuSystem Holdings, Inc. (NYSE American:INFU) (“InfuSystem” or the “Company”), a leading national health care service provider, facilitating outpatient care for durable medical equipment manufacturers and health care providers, today reported financial results for the third quarter ended September 30, 2024.2024 Third Quarter Overview:Net revenues totaled $35.3 million, an increase of 11% vs. prior year.Patient Services net revenue was $20.8 million, an increase of 8% vs. prior year.Device Solutions net revenue was $14.5 million, an increase of 15% vs. prior year.Gross profit was $19.0 million, an increase of 22% vs. prior year.Gross margin was 53.9%, an increase of 5.0% vs. prior year.Patient Services gross margin was 66.0%, a Show less Read more
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