MiMedx Group Q3 Revenue Falls 45.2% and Lowers Annual Guidance
MDXG Mimedx Group Inc
$3.24 -2.41%
View chart & analysis → - 1MiMedx Group recorded Q3 revenue of $62.28 million, a 45.2% decrease for the third quarter.
- 2MiMedx Group repaid $17 million in remaining debt and held $121 million in cash.
- 3The FTC delayed its previous plan to acquire Sanara MedTech, which was scheduled for October.
So what's the key point?
MiMedx Group's third-quarter revenue decreased by 45.2%. The company's future earnings outlook was lowered due to delays in its plans.
Source Earnings Whispers +2 · View original ↗
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