Beyond Air Q1 net loss slightly widens, reaffirms 2026 outlook

Beyond Air

13/08/2026 12:13

Overview
US medical device maker's Q1 revenue was flat yr/yr at $1.8 mln
Company completed up to $30.1 mln financing to support commercial expansion

Outlook
Company reaffirms 2026 revenue guidance of $8 mln, excluding second-generation LungFit PH system
Beyond Air maintains 2027 revenue guidance of $16-$18 mln, including anticipated LungFit PH revenue
Company expects FDA approval for second-generation LungFit PH system in 2H 2026

Result Drivers
COMMERCIAL PREPARATIONS - Co said it focused on building commercial infrastructure, customer relationships and sales pipeline ahead of anticipated LungFit PH system launch
DISTRIBUTION EXPANSION - Co expanded global distribution network for LungFit PH to over 45 countries and signed a new U.S. group purchasing agreement
LOWER R&D SPENDING - Co reported reduced research and development expenses compared to prior year

Company press release: ID:nGNX6HNMcy

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Loss Per Share
 
$11
 
Q1 Net Loss
Miss
$8.15 mln
$7.35 mln (2 Analysts)
Q1 Operating loss
Miss
-$6.61 mln
-$6.39 mln (2 Analysts)
Q1 Gross Profit
 
$225,000
 
Q1 Operating Expenses
 
$6.84 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "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 Beyond Air Inc is $280.00, about 4,528.1% above its August 12 closing price of $6.05

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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.)