Nov 07, 2024 / 02:00PM GMT
Aamir Mahmood - Acarix AB - President, Chief Executive Officer
Good morning, and thanks for joining us for the Acarix Q3 earnings call. I'm Aamir Mahmood, the CEO of Acarix. And I've got Christian Lindholm, our CFO. We're going to get right into what we've accomplished in Q3, and I'm very excited to announce that in our continued market expansion in the US, which is our concerted focus, continually goes on the right trajectory.
For Q3, we placed 20 CADScor System, which showed 100% increase. Quarter-over-quarter, we saw an 89% increase in our top line revenue regarding patch sales, and we saw 116% growth in our patches sold. We're really excited to announce as of just last week, November, Friday, we got a ruling from CMS regarding fixed reimbursement. So this is the first time Acarix and CADScor have fixed reimbursement in the United States.
And as you guys remember, when I came on in February on our first call, I said that will be a very significant challenge and opportunity for us, but the single most important thing for the United States market, and that's reimbursement, which Acarix
Q3 2024 Acarix AB Earnings Call Transcript
Nov 07, 2024
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers