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AtriCure, Inc. reported first-quarter 2024 financial results, with worldwide revenue of $108.9 million, a 16.4% increase year over year. The U.S. revenue was $90.2 million, up 15.4% from first quarter 2023. International revenue increased by 21.5% to $18.6 million. Gross profit was $81.3 million with a gross margin of 74.7%. Loss from operations was $10.9 million. Adjusted EBITDA was $2.8 million. Full-year 2024 revenue is projected to be $459 million to $466 million, with adjusted EBITDA expected to be $26 million to $29 million.
AtriCure, Inc. (ATRC) will be participating in the 2024 Bank of America Securities Healthcare Conference. The company is known for its innovative surgical treatments for atrial fibrillation, left atrial appendage management, and post-operative pain management. The management will present on May 14, 2024, at 10:15 a.m. PDT.