Outset Medical Inc. (OM) Tops Q3 EPS by 79c

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Go back to Outset Medical Inc. (OM) Tops Q3 EPS by 79c

Outset Medical Reports Third Quarter 2020 Financial Results

November 11, 2020 4:01 PM EST

Strong Quarter Driven by Accelerating Acute Market Penetration and Significant Margin Expansion

SAN JOSE, Calif.--(BUSINESS WIRE)-- Outset Medical, Inc. (Nasdaq: OM) (Outset), a medical technology company pioneering a first-of-its-kind technology to reduce the cost and complexity of dialysis, today reported financial results for the third quarter ended September 30, 2020.

Third Quarter 2020 & Recent Highlights

Recorded net revenue of $13.8 million in the third quarter of 2020, a 423% increase compared to $2.6 million in the third quarter of 2019 Awarded a second contract from... More