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InfuSystem Holdings (INFU) Stock News, Jun 2021-Feb 2022

INFU NYSE

InfuSystem Holdings, Inc. provides health care services that facilitate outpatient care for durable medical equipment manufacturers and health care providers. News for INFU commonly covers financial results, segment trends and operating updates across Patient Services and Device Solutions, including oncology, pain management, wound therapy, direct payer rentals, pump and consumable sales, and biomedical services and repair.

Company updates also address revenue cycle management, payer-network and billing efficiency initiatives, relationships with DME manufacturers, contract economics, margin performance, cash flow, guidance and management presentations at investor conferences.

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InfuSystem Holdings (NYSE: INFU) will announce preliminary fourth quarter and full year 2021 financial results on February 10, 2022, before the market opens. A conference call will follow the announcement at 9:00 a.m. Eastern Time to discuss these results. The company specializes in facilitating outpatient care for durable medical equipment through its Integrated Therapy Services and Durable Medical Equipment Services platforms. Interested parties can participate via phone or listen through a live webcast on the company’s investor relations website.

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InfuSystem Holdings, Inc. (NYSE American: INFU) will present at the Sidoti Winter Virtual Investor Conference on January 19, 2022, at 8:30 a.m. ET. Key executives, including CEO Richard DiIorio, CFO Barry Steele, and COO Carrie Lachance, will lead the presentation.

A webcast will be available on their website, and a replay will follow the event. Investors can also engage in one-on-one meetings by contacting Lytham Partners.

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InfuSystem Holdings (NYSE American: INFU) reported third-quarter 2021 net revenues of $26.6 million, a 6% increase year-over-year. The company anticipates $14-15 million in annual revenue from a new biomedical services contract, alongside growth in Pain Management services. Despite a net loss of $0.4 million and a 27% decline in Adjusted EBITDA, management is optimistic about future growth, reaffirming full-year revenue guidance of $107-110 million. Operating cash flow increased by 15% to $14.6 million.

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InfuSystem Holdings, Inc. will release its Q3 2021 financial results on November 15, 2021, before market opens. A conference call is scheduled for the same day at 9:00 a.m. Eastern Time to discuss the results. Interested parties can participate by calling (833) 366-1127 or through a live webcast available on the company’s website. InfuSystem is a leading provider of health care services, focusing on integrated therapy services and durable medical equipment.

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InfuSystem Holdings, Inc. (NYSE American: INFU) has entered into an exclusive three-year agreement with a major U.S. health care provider to offer its InfuBLOCK pain management therapy. This service includes electronic infusion pumps for post-surgical pain management, a 24/7 clinical hotline, and biomedical services. The agreement is expected to drive future revenue, leveraging InfuSystem’s expertise in outpatient care. The company emphasizes its non-narcotic pain management approach, aiming to enhance patient satisfaction while avoiding opioid-related risks.

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InfuSystem Holdings (NYSE: INFU) announced its participation in Lake Street Capital Markets’ 5th Annual Best Ideas Growth (BIG5) Conference on September 14, 2021. CEO Richard DiIorio, CFO Barry Steele, and COO Carrie Lachance will engage in one-on-one and group meetings with investors during the event. This invitation-only virtual conference features executive presentations from around 100 public growth companies and connects them with top institutional investors nationwide. InfuSystem provides outpatient care through Integrated Therapy Services and Durable Medical Equipment Services.

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InfuSystem Holdings, Inc. (INFU) reported a Q2 2021 net revenue of $24.8 million, down 4% from the prior year. However, ITS segment revenue increased 5% to $16.3 million. Gross profit decreased 6% to $15.1 million, with a gross margin of 60.6%. Net income was $0.8 million, or $0.04/share, compared to $4.1 million or $0.19/share in Q2 2020. The company announced a $20 million stock repurchase program and revised its 2021 guidance to lower end estimates of $107 million to $110 million in net revenues.

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InfuSystem Holdings (NYSE American: INFU) will release its second quarter 2021 financial results on August 12, 2021, before the market opens. The company, a leading provider of outpatient care for durable medical equipment, will host an investor conference call on the same day at 9:00 a.m. Eastern Time. Interested parties can join the call by dialing (833) 366-1127 or listening via a live webcast available on the company’s investor website. A replay will be accessible for 90 days post-call.

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InfuSystem Holdings, Inc. (NYSE American: INFU) announced a new stock repurchase program to buy back up to $20 million of its common stock through June 30, 2024. This program replaces the prior authorization that expired on December 31, 2020, and is intended to enhance shareholder value. CEO Richard DiIorio expressed confidence in the company's operations and future growth prospects, emphasizing the program's role in strategic capital allocation.

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InfuSystem announced a strategic agreement with Bio Compression Systems to integrate Lymphedema Therapy into its Integrated Therapy Service platform. This addition marks the fourth therapy service for InfuSystem, complementing its existing offerings in Oncology, Pain Management, and Wound Care. The company expects significant revenue contributions from this new therapy beginning in 2022. InfuSystem's recent CHAP accreditation will facilitate new patient onboarding within 60 days, addressing approximately 20% of the Lymphedema market.

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FAQ

What is the current stock price of InfuSystem Holdings (INFU)?

InfuSystem Holdings (INFU) last closed at $14.45.

What is the market cap of InfuSystem Holdings (INFU)?

The market cap of InfuSystem Holdings (INFU) is approximately $287.8M.