Welcome to our dedicated page for Vivos Therapeutics news (Ticker: VVOS), a resource for investors and traders seeking the latest updates and insights on Vivos Therapeutics stock.
Vivos Therapeutics, Inc. develops and commercializes medical technology and healthcare services for breathing-related sleep disorders, including obstructive sleep apnea and snoring associated with dentofacial abnormalities. Its Complete Airway Repositioning and Expansion (CARE) oral devices have FDA 510(k) clearances for adult OSA patients across severity levels and for moderate-to-severe OSA in children ages 6 to 17.
Company news commonly covers financial results, sleep testing services, treatment-center activity, and the integration of The Sleep Center of Nevada operating assets. Updates also address the shift toward a medical-affiliation distribution model, payer-network status for supported professional practices, collaborations for airway and sleep technologies, and capital actions such as warrant exercises and private placements.
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Vivos Therapeutics reported its financial results for Q4 and full year 2022 with revenue of $4.0 million in Q4 and $16.0 million for the full year, compared to $4.4 million and $16.9 million in the previous year. The company completed a capital raise of approximately $7.4 million in January 2023. Gross profit decreased to $2.4 million in Q4, down from $3.1 million in 2021, reflecting increased costs. Vivos also acquired patents from Advanced Facialdontics, enhancing its portfolio for treating sleep disorders. The company aims for revenue growth in 2023 through expanded product offerings and partnerships.
Vivos Therapeutics, Inc. (NASDAQ: VVOS) is set to release its fourth quarter and full year 2022 financial results after market close on March 30, 2023. This announcement will be followed by a conference call at 5:00 PM ET to discuss the results and recent milestones. Vivos specializes in medical devices for treating sleep disorders, particularly obstructive sleep apnea (OSA) and snoring, through its proprietary oral appliances. The company has treated over 33,000 patients globally, showcasing the effectiveness of its noninvasive Vivos Method, developed by trained dentists. The company emphasizes its commitment to innovation in the sleep disorder treatment sector.
Vivos Therapeutics (NASDAQ: VVOS) announced that CEO Kirk Huntsman and CFO Brad Amman will speak at the 35th Annual ROTH Conference on March 14, 2023, at 1:30 PM PT. The event will be held both virtually and in-person in Dana Point, CA, from March 12-14, 2023. They will participate in a fireside chat and conduct one-on-one meetings with investors. The Vivos Method offers a non-invasive solution for mild-to-moderate obstructive sleep apnea (OSA) and snoring, having treated approximately 31,000 patients globally. More details can be found on their investor relations page.
Vivos Therapeutics (NASDAQ: VVOS) announced the acquisition of patents and product rights from Advanced Facialdontics, enhancing its offerings for treating obstructive sleep apnea (OSA) and related conditions. This includes the Preventive Oral Device (POD®) for Temporomandibular Joint Dysfunction (TMD) and the Night Block for alleviating traditional treatment downsides. The acquisition broadens Vivos' patent portfolio and aims to open new revenue streams, targeting millions suffering from TMD and Bruxism. CEO Kirk Huntsman emphasized the strategic importance, stating it allows for a complete range of products at competitive prices, enhancing market position.
Vivos Therapeutics (NASDAQ:VVOS) announced that Chairman and CEO Kirk Huntsman will present at the Emerging Growth Conference on February 22, 2023, at 12:35 pm ET. The event invites both institutional and individual investors to participate in a real-time interactive presentation. Vivos focuses on innovative treatments for sleep-disordered breathing, particularly mild-to-moderate obstructive sleep apnea and snoring in adults. The Vivos Method, which has successfully treated around 31,000 patients through trained dentists, offers a noninvasive, nonsurgical solution. The presentation will also be available for replay on Vivos' website for 30 days following the event.
Vivos Therapeutics, Inc. (NASDAQ: VVOS) announced on January 20, 2023, that it has regained compliance with Nasdaq's minimum bid price requirement as per Listing Rule 5550(a)(2). The company previously received a notice on November 3, 2022, for failing to maintain a closing bid price of $1.00 for 30 consecutive business days. By meeting the requirement for a minimum closing bid price of $1.00 for at least 10 consecutive trading days, Vivos is now compliant with all Nasdaq listing standards. The Nasdaq has confirmed that this matter is now closed, marking a significant improvement in Vivos' stock status.