Overview
MRI-compatible device maker's Q4 revenue rose 17% yr/yr
Q4 non-GAAP EPS increased 23% yr/yr
Company declared quarterly dividend increase to $0.20 per share
Outlook
IRadimed expects Q1 2026 revenue between $21 mln and $22 mln
Company projects full-year 2026 revenue between $91 mln and $96 mln
IRadimed anticipates Q1 2026 GAAP EPS between $0.39 and $0.43
Result Drivers
UNIT SHIPMENTS - Successful shipment of 3870 units of next-gen MRI-compatible IV infusion pump drove Q4 revenue growth
EMPLOYEE CONTRIBUTION - Co attributed success to employee dedication in clearing FDA 510k requirements and facility transition
DIVIDEND INCREASE - Co increased quarterly cash dividend to $0.20 per share, reflecting confidence in business outlook
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$22.70 mln
$21.60 mln (2 Analysts)
Q4 Adjusted EPS
Beat
$0.54
$0.48 (2 Analysts)
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the advanced medical equipment & technology peer group is "buy"
Wall Street's median 12-month price target for IRadimed Corp is $99.00, about 3.2% above its February 9 closing price of $95.97
The stock recently traded at 45 times the next 12-month earnings vs. a P/E of 37 three months ago
Press Release: ID:nGNX90952F
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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.)