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 Corporation announced the approval of the Zephyr Endobronchial Valve in Japan for treating severe COPD/emphysema patients. The Japanese Ministry of Health has validated the product following a positive PMDA recommendation, emphasizing significant patient benefits such as improved lung function and quality of life. With over 600,000 Japanese patients suffering from severe COPD, this minimally invasive procedure offers a new alternative to traditional invasive surgeries. Pulmonx aims to collaborate for reimbursement strategies prior to commercialization.
Pulmonx Corporation (Nasdaq: LUNG) will participate in a fireside chat at the 34th Annual Piper Sandler Healthcare Conference in New York on November 30, 2022, at 11:30 AM PT / 2:30 PM ET. A live and archived webcast will be available on the company’s investor website.
Pulmonx is known for its minimally invasive treatments for severe lung diseases, including the Zephyr® Endobronchial Valve, which has been used in over 25,000 patients globally. The Zephyr Valve has gained FDA breakthrough device designation and is available in more than 25 countries.
Pulmonx Corporation (Nasdaq: LUNG), a leader in minimally invasive treatments for severe lung disease, will participate in two investor conferences in New York. Management will hold a fireside chat at the Stifel Healthcare Conference on November 16, 2022, at 8:00 AM ET, with a live webcast available on their website. Additionally, they will engage in investor meetings at the Canaccord Genuity MedTech Forum on November 17, 2022. The company’s Zephyr Valve, used for treating emphysema/COPD, has gained FDA approval and is available in over 25 countries.
Pulmonx Corporation (Nasdaq: LUNG) reported Q3 2022 revenues of $13.5 million, up 2% year-over-year, with U.S. revenue of $8.4 million reflecting a strong 22% growth. The gross margin improved to 75% from 73% a year prior, driven by production efficiencies. However, international revenue fell by 20%.
Net loss widened to $14.2 million or $0.38 per share. The company lowered its full-year 2022 revenue guidance to $51.5 million to $52.5 million from a prior estimate of $55 million to $60 million. Despite challenges, Pulmonx aims to expand its market presence.
Pulmonx Corporation (Nasdaq: LUNG) will announce its third-quarter 2022 financial results on November 3, 2022, after market close. Management will host a conference call at 1:30 p.m. PT / 4:30 p.m. ET to discuss the results. Pulmonx specializes in minimally invasive treatments for lung disease, particularly through its FDA-approved Zephyr® Endobronchial Valve, which has been used in over 25,000 patients globally. Interested parties are encouraged to register online for the call, which will also be available via live and archived webcast.
Pulmonx Corporation (NASDAQ: LUNG) reported promising interim results from the CONVERT clinical trial presented at the 2022 European Respiratory Society (ERS) International Conference. The trial demonstrated that the AeriSeal System successfully closed collateral air channels in 78% of patients with severe COPD/emphysema, making them eligible for Zephyr Endobronchial Valves. Notable improvements were observed in lung function (FEV1 increase of 19.7%), quality of life (SGRQ score decrease of 15.1), and exercise capacity (Six-Minute Walk Distance increase of 77.2 meters).
Pulmonx Corporation (NASDAQ: LUNG) has announced promising interim results from the CONVERT Study presented at the 2022 European Respiratory Society Conference. The study indicates that the AeriSeal System successfully converted collateral ventilation status in 78% of patients, enabling them to receive Zephyr Valves treatment. The trial demonstrated a mean Target Lobe Volume Reduction of over 1 liter, improving lung function by 19.7%, quality of life, and exercise capacity. No serious adverse reactions were noted in recent studies, marking a significant advancement in the treatment of severe COPD.
Pulmonx Corporation (Nasdaq: LUNG), a leader in minimally invasive lung disease treatments, announced its participation in two upcoming investor conferences. The company will speak at the Wells Fargo Healthcare Conference in Boston on September 7, 2022, at 6:10 AM PT/9:10 AM ET, and the Morgan Stanley 20th Annual Global Healthcare Conference in New York on September 13, 2022, at 1:40 PM PT/4:40 PM ET. A live webcast of the presentations will be accessible on Pulmonx’s investor website.
Pulmonx reported strong Q2 2022 results with worldwide revenue reaching $14.0 million, a 14% increase year-over-year. U.S. revenue surged 31% to $8.6 million, driven by Zephyr Valve procedures. Gross margin improved to 75%, up from 74% in Q2 2021. However, operating expenses rose 14% to $24.8 million, contributing to a net loss of $14.6 million or $0.40 per share. Pulmonx maintains its full-year revenue guidance of $55-$60 million.
Pulmonx Corporation (Nasdaq: LUNG), a leader in minimally invasive treatments for severe lung disease, will present at the Canaccord Genuity 42nd Annual Growth Conference in Boston on August 10, 2022, at 1:00 PM PT / 4:00 PM ET. A live and archived webcast of the event will be accessible on the company's Investors page. Pulmonx is known for its Zephyr® Endobronchial Valve, which has treated over 25,000 patients worldwide, and received FDA premarket approval as a breakthrough device.