Outset Medical Inc (OM) Q3 2024 Earnings Call Highlights: Navigating Growth Amidst Challenges [Yahoo! Finance]

Outset Medical, Inc. (OM)
Company Research
Source: Yahoo! Finance
Service and Other Revenue: $8.4 million, a 3% sequential increase and a 22% year-over-year increase. Recurring Revenue: $21 million, a 4% sequential increase and a 17% year-over-year increase. Gross Margin: 36.4%, an increase of nearly 11 percentage points from the previous year. Operating Expenses: $26.5 million, a 15% sequential decline and a 37% year-over-year decline. Net Loss: $20.2 million or $(0.39) per share, an 18% sequential decrease and a 43% year-over-year decrease. Cash Position: $179 million in cash, cash equivalents, short-term investments, and restricted cash at the end of Q3 2024. Full Year Revenue Guidance: Approximately $112 million, up from prior guidance of $110 million. Full Year Gross Margin Guidance: Mid 30% range, up from prior guidance of low to mid 30% range. Full Year Operating Expenses Guidance: Approximately $120 million. Warning! GuruFocus has detected 5 Warning Signs with OM. Release Date: November 06, 2024 For the complete transc
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OM
News
- Outset Medical to Present at the 45th Annual TD Cowen Health Care ConferenceGlobeNewswire
- Outset Medical projects $115M-$125M revenue in 2025 with focus on console growth and gross margin expansion [Seeking Alpha]Seeking Alpha
- Outset Medical, Inc. (OM) Reports Q4 Loss, Tops Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- Outset Medical Reports Fourth Quarter and Full Year 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- Outset Medical Reports Fourth Quarter and Full Year 2024 Financial ResultsGlobeNewswire
OM
Earnings
- 2/19/25 - Beat
OM
Sec Filings
- 3/11/25 - Form 8-K
- 3/11/25 - Form 4
- 3/11/25 - Form 4
- OM's page on the SEC website