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Treace Medical Concepts, Inc. - $TMCI STOCK NEWS

Welcome to our dedicated page for Treace Medical Concepts news (Ticker: $TMCI), a resource for investors and traders seeking the latest updates and insights on Treace Medical Concepts 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 Treace Medical Concepts'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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Treace Medical Concepts, Inc. reported $51.1 million in revenue for Q1 2024, a 21% increase from the same period in 2023. Despite a net loss and revised guidance for 2024, the company achieved milestones, expanded its patent portfolio, and introduced new technologies. The CEO remains optimistic about navigating competitive challenges and delivering shareholder value.

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Treace Medical Concepts, Inc. (NasdaqGS: TMCI) has been named the first Medical Device Partner and Official Foot and Ankle Solution Partner of the PPA Tour. The partnership aims to help pickleball players with bunions and midfoot deformities. Treace will provide dedicated space and fan activations at six PPA Tour events, along with player challenges and various promotional activities. Treace's Lapiplasty® procedure is highlighted as the #1 most commonly used 3D bunion correction procedure in the U.S., with over 100,000 patients benefitting from it since 2015.
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Treace Medical Concepts, Inc. will be presenting at the Bank of America Health Care Conference on May 15, 2024. The company's CEO and CFO will participate in a fireside chat to discuss their innovative surgical procedures for bunions and midfoot deformities. Investors can access the webcast on the company's investor relations website.
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Treace Medical Concepts, Inc. (TMCI) declares the establishment of the inaugural National Bunion Day to address foot health issues impacting millions. The initiative aims to educate, raise awareness, and dispel misconceptions about bunions through outreach programs.
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Treace Medical Concepts, Inc. announces a conference call to discuss financial results for the first quarter of 2024. The company will host the call on May 7, 2024, at 4:30 pm ET. Treace is a medical technology company specializing in surgical treatments for bunions and midfoot deformities.
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Treace Medical Concepts, Inc. sponsors the first National Bunion Day in the U.S. and celebrates treating 100,000 patients with its Lapiplasty® 3D Bunion Correction® System. The company also launches a new patient education campaign.
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Treace Medical Concepts, Inc. reported strong financial results for Q4 2023 and full-year 2023, with revenue increasing by 25% and 32% respectively. The company's gross margin remained robust at 81.6% in Q4 2023. Treace also saw a significant increase in active surgeons and direct sales representatives. The company's patent portfolio expanded, and it initiated commercialization of new technologies. Despite a net loss, Treace provided optimistic guidance for 2024, expecting revenue growth of 18-20% and improved Adjusted EBITDA.
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Treace Medical Concepts, Inc. will release financial results for the fourth quarter and full year of 2023 after the close of trading on Tuesday, February 27, 2024. The company will host a conference call to discuss financial results beginning at 4:30 pm ET. Investors interested in listening to the conference call may do so by registering. A live and archived webcast of the event and investor presentation will be available on the Company’s investor relations website. Treace routinely posts important information for investors in the 'Investor Relations' section of its website.
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Treace Medical Concepts, Inc. announces positive three-year interim clinical data from its ALIGN3D™ post-market study supporting the use of the Lapiplasty® procedure for treating bunions. The study demonstrated consistent, positive radiographic and patient-reported outcomes maintained at three years, early return to weight bearing, low radiographic recurrence rates, reduction in pain, and significant improvement in patient-reported quality of life measures. Interim data from the Company’s Mini3D™ prospective, multicenter study also showed favorable clinical and patient-reported outcomes with a mini-incision approach.
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Treace Medical Concepts, Inc. announces the full commercial release of its Micro-Lapiplasty™ System and limited clinical release of its Mini-Adductoplasty™ System and RedPoint™ Patient-Specific Instrumentation. The company will highlight new technology innovations and three-year interim ALIGN3D™ clinical results at the 2024 American College of Foot and Ankle Surgeons Annual Scientific Conference.
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Treace Medical Concepts, Inc.

Nasdaq:TMCI

TMCI Rankings

TMCI Stock Data

258.27M
44.28M
25.91%
67.56%
4.27%
Surgical and Medical Instrument Manufacturing
Manufacturing
Link
United States of America
PONTE VEDRA

About TMCI

treace medical concepts, inc. is a privately-funded, commercial stage company focused on bringing breakthrough technologies to the high-growth $1.1 billion us market for foot and ankle surgical products. we are committed to operating our business with the highest standards of ethical conduct. we will exceed our customers’ expectations through an innovation-driven, high-velocity approach to solving treatment and surgical problems. with our products and services, our mission is to assist foot and ankle physicians in improving patient outcomes and reducing healthcare costs, while providing a rewarding experience for our employees and an exceptional return for our shareholders.