Outset Medical Inc. (OM) Tops Q2 EPS by 12c

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Outset Medical Reports Second Quarter 2021 Financial Results

August 5, 2021 4:05 PM EDT

2021 Revenue Guidance Range Updated to $97 million to $100 million

SAN JOSE, Calif.--(BUSINESS WIRE)-- Outset Medical, Inc. (Nasdaq: OM) (Outset or the Company), 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 second quarter ended June 30, 2021.

Recent Highlights

Recorded net revenue of $25.2 million in the second quarter of 2021, a 115% increase compared to $11.7 million in the second quarter of 2020 Achieved gross margin of 4.2% in the second quarter of 2021 compared to (40.6%) in the... More