Welcome to our dedicated page for Pulmonx news (Ticker: LUNG), a resource for investors and traders seeking the latest updates and insights on Pulmonx stock.
Pulmonx Corporation reports developments as a medical technology company focused on minimally invasive treatments for severe emphysema and chronic obstructive pulmonary disease. Its commercial platform includes the Zephyr Endobronchial Valve, Chartis Pulmonary Assessment System, LungTraX Platform and StratX Lung Analysis Reports, which are designed to assess and treat symptomatic severe emphysema/COPD patients. The Zephyr Valve received FDA premarket approval after breakthrough device designation and is commercially available in more than 25 countries.
Recurring Pulmonx news covers quarterly and annual financial results, U.S. and international revenue trends, gross margin, commercial execution, clinical program activity, debt refinancing, cost initiatives, inducement equity awards and governance or leadership changes.
Pulmonx (Nasdaq: LUNG), a leader in minimally invasive treatments for severe lung disease, has announced its participation in the 2024 Wells Fargo Healthcare Conference in Boston. The company will engage in a fireside chat on Thursday, September 5, 2024, at 1:30 PM PT / 4:30 PM ET.
Investors and interested parties can access a live and archived webcast of the presentation through the 'Investors' section of the Pulmonx website at https://investors.pulmonx.com/. This event provides an opportunity for Pulmonx to showcase its innovations and discuss its position in the healthcare industry with potential investors and analysts.
Pulmonx (Nasdaq: LUNG) reported strong financial results for Q2 2024. The company achieved record worldwide revenue of $20.8 million, a 21% increase year-over-year. U.S. revenue grew 26% to $13.9 million, while international revenue increased 12% to $6.9 million. Gross margin remained steady at 74%.
Key highlights include:
- Addition of 17 new Zephyr® Valve U.S. treatment centers
- First U.S. patients treated with AeriSeal® System in CONVERT II trial
- Net loss of $15.3 million, or $0.39 per share
- Adjusted EBITDA loss of $7.6 million
Pulmonx maintains its 2024 revenue guidance of $81-84 million and expects gross margin to be 74-75%.
Pulmonx (Nasdaq: LUNG), a leader in minimally invasive treatments for severe lung disease, has announced its participation in the Canaccord Genuity 44th Annual Growth Conference in Boston. The company's management is set to present on Tuesday, August 13, 2024, at 5:00 AM PT / 8:00 AM ET.
Investors and interested parties can access a live and archived webcast of the presentation through the 'Investors' section of the Pulmonx website. This conference provides an opportunity for Pulmonx to showcase its innovations and growth strategies in the field of lung disease treatments to a wider audience of investors and industry professionals.
Pulmonx, a leader in minimally invasive lung disease treatments, will release its Q2 2024 financial results on July 31, 2024. The announcement will be made post-market close, and a conference call will follow at 1:30 p.m. PT / 4:30 p.m. ET. Investors can access both live and archived webcasts on Pulmonx's investor relations website.
Pulmonx announced the grant of inducement awards to Mehul Joshi, the new Chief Financial Officer, consisting of a non-statutory stock option to purchase 241,409 shares of common stock and a time-based restricted stock unit award for 125,870 shares of common stock. The stock option grant has an exercise price of $9.28 per share and will vest over a three-year period, while the restricted stock units will vest over four years. The awards were approved as an inducement to Mr. Joshi's employment under Nasdaq Listing Rule 5635(c)(4).
Pulmonx (Nasdaq: LUNG) reported financial results for Q1 2024, achieving a 30% year-over-year revenue growth, recording $18.9 million in worldwide revenue, with $12.9 million in U.S. revenue. The company realized a gross margin of 75% and treated the first patient in significant clinical trials. Pulmonx appointed new executives to drive growth and expects revenue for 2024 to be in the range of $81 million to $84 million.
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