HCA $40M Tablo fleet refresh contract fuels Outset Medical's 21% surge
Outset Medical, Inc. is a medical technology firm that specializes in developing hemodialysis systems. The company's primary product is the Tablo Hemodialysis System, a compact console designed to deliver dialysis treatment in various environments, including hospitals and patients' homes. This innovative system boasts integrated water purification, on-demand production of dialysate, and advanced software complete with connectivity features. Founded in 2003, the company initially operated under the name Home Dialysis Plus, Ltd. before rebranding to Outset Medical, Inc. in January 2015. Its corporate headquarters are located in San Jose, California.
| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|
| Revenue | $113.69M | $130.38M | $115.38M | $102.60M | $49.94M | $15.08M | $2.01M |
| Cost of Revenue | $75.13M | $101.38M | $97.54M | $94.99M | $62.97M | $32.88M | $8.12M |
| Gross Profit | $38.56M | $29.00M | $17.83M | $7.61M | $-13.04M | $-17.80M | $-6.12M |
| Gross Margin | 33.92% | 22.24% | 15.46% | 7.42% | -26.11% | -118.07% | -304.68% |
| Operating Expenses | $151.94M | $198.77M | $178.85M | $138.13M | $104.43M | $52.51M | $40.45M |
| Operating Income | $-113.38M | $-169.77M | $-161.02M | $-130.52M | $-117.47M | $-70.31M | $-46.56M |
| Operating Margin | -99.72% | -130.22% | -139.56% | -127.21% | -235.24% | -466.29% | -2320.03% |
| Net Income | $-127.98M | $-172.80M | $-162.96M | $-131.94M | $-120.70M | $-68.30M | $-49.78M |
| Net Margin | -112.57% | -132.54% | -141.24% | -128.59% | -241.71% | -452.97% | -2480.32% |
| EPS (Basic) | $-2.46 | $-3.48 | $-3.38 | $-2.89 | $-2.83 | $-1.61 | $-1.65 |
| EBITDA | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Stock Option Compensation Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price To Earnings Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price To Sales Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Shares Outstanding | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Market Capitalization | N/A | N/A | N/A | N/A | N/A | N/A | N/A |