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AORT — Artivion News Story

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Brief: Artivion Q2 Revenue USD 112.972 Million Vs. IBES Estimate USD 108 Million

Overview

Artivion Q2 revenue rises 15% yr/yr, beating analyst expectations, per LSEG data

Adjusted net income for Q2 beats consensus, reflecting strong operational performance

Co exchanged $99.5 mln in convertible notes for common stock, improving capital structure

Outlook

Artivion raises full-year revenue guidance to $435 mln-$443 mln

Company expects constant currency revenue growth of 12%-14% in 2025

Artivion increases adjusted EBITDA guidance to $86 mln-$91 mln

Company anticipates adjusted EBITDA growth of 21%-28% for 2025

Result Drivers

PRODUCT LINE GROWTH - Revenue growth driven by 24% increase in On-X and stent grafts, per CEO Pat Mackin

CAPITAL STRUCTURE IMPROVEMENT - Exchange of $99.5 mln in convertible notes for common stock, effectively retiring debt

Key Details

MetricBeat/MissActualConsensus Estimate
Q2 RevenueBeat$112.97 mln$108 mln (7 Analysts)
Q2 Adjusted Net IncomeBeat$10.70 mln$65,000 (6 Analysts)
Q2 Net Income$1.34 mln
Q2 EBIT$8.38 mln
Q2 Operating Expenses$64.73 mln
Q2 Pretax Profit$3.48 mln
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", no "hold" and no "sell" or "strong sell" The average consensus recommendation for the medical equipment, supplies & distribution peer group is "buy" Wall Street's median 12-month price target for Artivion Inc is $33.00, about 2.2% above its August 6 closing price of $32.27 The stock recently traded at 105 times the next 12-month earnings vs. a P/E of 165 three months ago Press Release: ID:nPn44Q24va (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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