Significant Revenue Growth
Overall revenue grew by 12.2% to $75.7 million, with the Med Tech segment growing 26.1% and Medical Device segment growing 2.3%.
Med Tech Segment Success
The Med Tech segment now comprises 47% of total revenue, up from 41% a year ago, with a compound annual growth rate of 25% over the past 5 years.
Auryon Platform Performance
Auryon delivered $16.5 million in revenue, growing 20.1% compared to last year and achieving 17 consecutive quarters of double-digit year-over-year growth.
Mechanical Thrombectomy Growth
Mechanical Thrombectomy revenue increased 41.2% year-over-year, with AngioVac and AlphaVac contributing significantly.
NanoKnife Expansion
NanoKnife revenue grew by 26.7%, driven by expanded prostate indications and anticipated CPT I code effectiveness in January.
Increased Guidance for Fiscal 2026
Net sales guidance was raised to $308 million to $313 million. Med Tech net sales are expected to grow 14% to 16%.