Ra Medical Systems (RMED) Misses Q3 EPS by 24c

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Go back to Ra Medical Systems (RMED) Misses Q3 EPS by 24c

Ra Medical Systems Reports Third Quarter 2018 Results

November 13, 2018 4:15 PM EST

-Revenue increased nearly 60% year-over-year to $2.1 million

-Increased DABRA usage agreements 325% quarter-over-quarter

-Announced approval for long-term revascularization registry of DABRA system

CARLSBAD, Calif.--(BUSINESS WIRE)-- Ra Medical Systems, Inc.(NYSE: RMED) (the Company), a commercial-stage medical device company leveraging its advanced, minimally-invasive excimer laser-based platform for use in the treatment of vascular and dermatological diseases, today reported its financial results for the three and nine-month period ended September 30, 2018.

The third quarter of 2018 was pivotal in our Companys history as... More