Tenon Medical posts Q2 revenue of $1.3M, up 127% year-over-year

TNON Tenon Medical Inc

$1.75 +6.71%

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AMAT +11.37% ETON +13.97% MOVE +0.80% MOB +3.69% SRXH +7.20% 2 more

1. 1Tenon Medical (TNON) reported Q2 revenue of $1.3M, up 127% year-over-year
2. 2Achieved gross profit of $800K and gross margin of 64%; completed a $4.2M public offering after the quarter
3. 3Received FDA 510(k) clearance for Catamaran; July monthly surgical volume hit a record high; implemented a 1-for-35 reverse stock split

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