US04963C2098 - Common Stock
AtriCure (ATRC) stock gained Wednesdays after UBS defended it despite a market entry of Medtronic's (MDT) rival product to company's AtriClip device. Read more here.
Needham said it was maintaining its buy rating on AtriCure (ATRC), despite Medtronic’s (MDT) limited US launch of a competing product to AtriCure’s AtriClip. Read more here.
AtriCure's Q3 financial results exceed expectations with a beat on both EPS and revenue, showcasing strong performance and growth for the company.
Needham sees the medtech sector growing by 7% in 2023 versus 5.7% last year, despite slowed growth in Q2, helped by double-digit growth in certain cardiology categories. Read more.
AtriCure press release (ATRC): Q2 GAAP EPS of -$0.11 beats by $0.19.Revenue of $100.9M (+19.4% Y/Y) beats by $3.41M.
Acumen (ABOS), Establishment Labs (ESTA), Arcus (RCUS) and BridgeBio (BBIO) are four of BTIG's top picks for small and mid-cap healthcare stocks for 2H 2023. Read more here.