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DIH Holdings US, Inc. - $DHAI STOCK NEWS

Welcome to our dedicated page for DIH Holdings US news (Ticker: $DHAI), a resource for investors and traders seeking the latest updates and insights on DIH Holdings US stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect DIH Holdings US's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Rhea-AI Summary

DIH Holding US, Inc. announced fiscal 2024 financial results for the nine months ended December 31, 2023. Revenue hit $47.1 million, device revenue surged by 47.3%, gross profit increased by 27.4%, and adjusted EBITDA was $0.5 million. The company reported strong growth driven by increased device sales and expansion into new markets.

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-11.73%
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DIH Holding US, Inc. appoints Anthony Pratt as Vice President of Commercial for the Americas, leveraging his extensive experience in key commercial positions at various renowned companies. Mr. Pratt is expected to drive strategic initiatives, expand market presence, and enhance thought leadership in the region.
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-8.14%
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DIH Holding US, Inc. (DHAI) reported financial results for the six months ended September 30, 2023, with revenue reaching $27.3 million, a 57.7% increase from the prior year. The company's device sales revenue surged by 73.9%, and it became publicly listed on Nasdaq Global Markets after a business combination with Aurora Technology Acquisition Corp. The introduction of Armeo®Spring Pro to the device portfolio showcases growth opportunities.
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DIH Holding US, Inc. (Nasdaq: DHAI) announced a private placement of common stock resulting in gross proceeds of $1.5 million. OrbiMed, an existing shareholder, was the sole participant in the financing. The financing provides for the sale of 150,000 shares of the Company’s common stock at a purchase price of $10 per share, along with warrants to purchase an additional 300,000 shares of DIH Common Stock at an exercise price of $10. This funding will provide additional working capital for global commercial strategy and growth initiatives.
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DIH Holdings US, Inc.

Nasdaq:DHAI

DHAI Rankings

DHAI Stock Data

66.49M
40.70M
Surgical & Medical Instruments & Apparatus
United States of America
SAN FRANCISCO