Cardiovascular devices maker Artivion Q3 revenue beats estimates on growth in stent grafts

Artivion

06/11/2025 21:52

Overview

Artivion Q3 revenue grows 18% yr/yr, beating analyst expectations

Adjusted net income for Q3 beats analyst expectations

Company enrolls first patient in ARTIZEN trial, marking strategic progress

Outlook

Artivion raises full-year 2025 revenue guidance to $439 mln-$445 mln

Company expects 2025 adjusted EBITDA to grow 24%-28%

Artivion anticipates slightly positive currency impact for 2025

Result Drivers

PRODUCT GROWTH - Revenue growth driven by 38% increase in stent grafts and 25% increase in On-X, compared to Q3 2024

FINANCIAL RESTRUCTURING - Refinanced credit agreement to extend maturity date to 2031 and secure a more favorable interest rate

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$113.39 mln
$110.44 mln (7 Analysts)
Q3 Adjusted Net Income
Beat
$7.90 mln
$1.29 mln (6 Analysts)
Q3 Net Income
$6.50 mln
Q3 EBIT
$12.54 mln
Q3 Operating Expenses
$65.36 mln
Q3 Pretax Profit
$7.06 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 1 "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 $46.00, about 1.1% below its November 5 closing price of $46.51

The stock recently traded at 139 times the next 12-month earnings vs. a P/E of 100 three months ago

Press Release: ID:nPn1NRcjTa

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(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.)