Overview
Beyond Air fiscal Q2 revenue rises 128% YoY to $1.8 mln, driven by LungFit PH demand
Net loss and operating loss for Q2 missed analyst expectations
Company updates fiscal 2026 revenue guidance to $8-$10 mln
Outlook
Beyond Air updates fiscal 2026 revenue guidance to $8-10 mln
Company anticipates FDA approval of second-gen LungFit PH by end of 2026
Recent capital infusion to support commercial and regulatory initiatives
Result Drivers
LUNGFIT PH DEMAND - Revenue growth driven by increased demand for LungFit PH in the U.S.
GLOBAL EXPANSION - International revenue growth supported by new distribution agreements in multiple countries
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 EPS
-$1.25
Q2 Net Income
Miss
-$8.26 mln
-$6.80 mln (4 Analysts)
Q2 Operating Income
Miss
-$7.66 mln
-$7 mln (4 Analysts)
Q2 Gross Profit
-$298,000
Q2 Operating Expenses
-$7.36 mln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "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 Beyond Air Inc is $11.50, about 84.7% above its November 7 closing price of $1.76
Press Release: ID:nGNXbLsGh7
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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.)