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Hyperfine (HYPR)
NASDAQ:HYPR
Earnings Data
Report Date
May 08, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.12Last Year’s EPS
-0.14Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 17, 2025
|% Change Since: -35.94%
|Next Earnings Date:May 08, 2025
Earnings Call Sentiment|Neutral
Hyperfine showed strong revenue growth and improved gross margins, reduced its cash burn, and demonstrated strategic expansion into international and office markets. However, it faced challenges with decreased quarterly revenue, U.S. sales delays, and continued net losses. The positive aspects were balanced with significant challenges.Company Guidance
During the Hyperfine Fourth Quarter 2024 Earnings Call, guidance for 2025 highlighted several key financial and strategic metrics. The company anticipates a revenue increase of 20% to 30% over 2024, with an expected first-half revenue of approximately $6 million. Gross margins are projected to range between 47% and 52%, with aims to surpass 50% sustainably as volume growth is realized. Hyperfine plans to reduce total cash burn to between $25 million and $27 million, a 32% decline at the midpoint compared to the previous year. The company is also focusing on expanding its commercial presence in the neurology office setting, multiple hospital sites, and international markets, contributing to a diversified revenue stream. Hyperfine's cash runway is secured until the end of 2026, aided by a recent $6 million financing, and the company is maintaining a disciplined spending strategy as it transitions to a commercial-stage entity.Revenue Growth and Gross Margin Expansion
For the full year 2024, Hyperfine reported $12.9 million in revenue, representing a 17% year-over-year increase. Gross profit for 2024 was $5.9 million, a 24% increase over 2023, with a full-year gross margin of 46%, up 300 basis points from 2023.
Cash Burn Reduction and Financial Strengthening
Hyperfine reduced its net cash burn by 9% in 2024, and completed a reorganization to lower operating costs, raising $6 million through a direct offering. The cash runway is extended to the end of 2026.
FDA Clearance and Software Releases
Two new AI-powered software releases are planned for 2025, expected to significantly improve image quality. The first technology update is anticipated by mid-2025, with the images comparable to conventional 1.5 Tesla MRI systems.
International and Office Market Expansion
In 2024, Hyperfine expanded its commercial focus internationally, securing 13 distributors across Europe, the Middle East, and Asia. Plans are in place to launch into neurology offices by mid-2025, enhancing market reach.
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HYPR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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HYPR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 17, 2025 | $1.28 | $0.91 | -28.91% |
| Nov 12, 2024 | $0.93 | $0.86 | -7.53% |
| Aug 08, 2024 | $1.10 | $1.13 | +2.73% |
| May 13, 2024 | $0.80 | $0.88 | +10.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Hyperfine (HYPR) report earnings?
Hyperfine (HYPR) is schdueled to report earning on May 08, 2025, TBA Not Confirmed.
What is Hyperfine (HYPR) earnings time?
Hyperfine (HYPR) earnings time is at May 08, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is HYPR EPS forecast?
HYPR EPS forecast for the fiscal quarter 2025 (Q1) is -0.12.
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