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How Did Saluda Medical Boost Revenue 17% While Losses Widened 25%?

9:38am on Thursday 26th of February, 2026 AEDT Healthcare
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How Did Saluda Medical Boost Revenue 17% While Losses Widened 25%?

9:38am on Thursday 26th of February, 2026 AEDT
Key Points
  • Revenue up 17% to US$39.4 million driven by US implant growth and international sales
  • Net loss increased 25% to US$66.8 million due to sales force expansion and one-time expenses
  • Completed ASX IPO raising US$152.3 million, converting preferred stock and convertible notes
  • Cash used in operations rose slightly to US$60.3 million, with US GAAP financials reviewed without qualification
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