Impressive Turnaround At KORU Medical [Seeking Alpha]
KORU Medical Systems, Inc. (KRMD)
Company Research
Source: Seeking Alpha
Follow Play 10min Summary KORU Medical Systems is poised for growth with solid revenue increases, multiple growth drivers, and a chance to reach cash flow breakeven in Q4. The FREEDOM system, designed for at-home drug delivery, offers recurring revenue from consumables and is gaining market share in the SCIg market. International expansion and novel therapies present significant growth opportunities, with international revenue growing 46% and novel therapies progressing to Phase 3 trials. Financials are improving with a 22% revenue increase, 65% gross margin, and expected cash flow breakeven in Q4, making the shares a solid buy here. Olemedia It's been quite some time since we wrote about KORU Medical Systems ( NASDAQ: KRMD ), and given that things look on the up for the company this year with solid revenue growth, multiple growth drivers and a real chance of reaching If you are interested in similarly small, high-growth potential stocks you could join us at our m
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KRMD
News
- KORU Medical Systems, Inc. (NASDAQ: KRMD) had its price target raised by analysts at Craig Hallum from $4.00 to $5.00. They now have a "buy" rating on the stock.MarketBeat
- KORU Medical Systems, Inc. (NASDAQ: KRMD) had its price target raised by analysts at Canaccord Genuity Group Inc. from $3.00 to $4.00. They now have a "buy" rating on the stock.MarketBeat
- KORU Medical Systems, Inc. (NASDAQ: KRMD) had its price target raised by analysts at Piper Sandler from $3.00 to $3.50. They now have an "overweight" rating on the stock.MarketBeat
- KORU Medical Systems Inc (KRMD) Q3 2024 Earnings Call Highlights: Strong Revenue Growth and ... [Yahoo! Finance]Yahoo! Finance
- KORU Medical Systems, Inc. Announces 2024 Q3 Financial Results, Third Consecutive Quarter of Double-Digit Growth; Raises Full Year 2024 GuidanceBusiness Wire
KRMD
Earnings
- 11/13/24 - Beat
KRMD
Sec Filings
- 11/14/24 - Form SC
- 11/13/24 - Form SC
- 11/13/24 - Form 10-Q
- KRMD's page on the SEC website