Latest Medical technology News

A cyberattack forces a big US health system to divert ambulances and take records offline

May. 10, 2024 21:50 PM EDT

TOPEKA, Kan. (AP) — A cyberattack on the Ascension health system operating in 19 states across the U.S. forced some of its 140 hospitals to divert ambulances, caused patients to postpone medical tests and blocked online access to patient records. An Ascension spokesperson said it...

US plans to impose major new tariffs on EVs, other Chinese green energy imports, AP sources say

May. 10, 2024 19:03 PM EDT

WASHINGTON (AP) — The Biden administration plans to impose major new tariffs on electric vehicles, semiconductors, solar equipment and medical supplies imported from China, according to a U.S. official and another person familiar with the plan. Tariffs on electric vehicles, in...

Sweetgreen, Natera rise; Collegium Pharmaceutical, Akamai fall, 5/10/2024

May. 10, 2024 16:29 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Friday: Sweetgreen Inc., up $8 to $31.56. The salad restaurant chain beat analysts' first-quarter revenue forecasts. Mettler-Toledo International Inc., up $219.83 to...

Atrion: Q1 Earnings Snapshot

May. 10, 2024 16:22 PM EDT

ALLEN, Texas (AP) — ALLEN, Texas (AP) — Atrion Corp. (ATRI) on Friday reported first-quarter profit of $2.8 million. The Allen, Texas-based company said it had profit of $1.59 per share. The medical device maker posted revenue of $47.3 million in the period. ...

TruBridge: Q1 Earnings Snapshot

May. 10, 2024 07:12 AM EDT

MOBILE, Ala. (AP) — MOBILE, Ala. (AP) — TruBridge, Inc. (TBRG) on Friday reported a loss of $2.5 million in its first quarter. On a per-share basis, the Mobile, Alabama-based company said it had a loss of 17 cents. Earnings, adjusted for one-time gains and costs, were 19 cents...

Apyx: Q1 Earnings Snapshot

May. 09, 2024 07:29 AM EDT

CLEARWATER, Fla. (AP) — CLEARWATER, Fla. (AP) — Apyx Medical Corporation (APYX) on Thursday reported a loss of $7.6 million in its first quarter. The Clearwater, Florida-based company said it had a loss of 22 cents per share. The medical device maker posted revenue...

ICU Medical: Q1 Earnings Snapshot

May. 07, 2024 17:13 PM EDT

SAN CLEMENTE, Calif. (AP) — SAN CLEMENTE, Calif. (AP) — ICU Medical Inc. (ICUI) on Tuesday reported a loss of $39.5 million in its first quarter. The San Clemente, California-based company said it had a loss of $1.63 per share. Earnings, adjusted for non-recurring costs and...

Treace Medical Concepts: Q1 Earnings Snapshot

May. 07, 2024 17:02 PM EDT

PONTE VEDRA, Fla. (AP) — PONTE VEDRA, Fla. (AP) — Treace Medical Concepts Inc. (TMCI) on Tuesday reported a loss of $18.7 million in its first quarter. On a per-share basis, the Ponte Vedra, Florida-based company said it had a loss of 30 cents. The results met Wall...

Penumbra: Q1 Earnings Snapshot

May. 07, 2024 16:48 PM EDT

ALAMEDA, Calif. (AP) — ALAMEDA, Calif. (AP) — Penumbra Inc. (PEN) on Tuesday reported first-quarter earnings of $11 million. The Alameda, California-based company said it had profit of 28 cents per share. Earnings, adjusted for one-time gains and costs, came to 41 cents per...

Globus Medical: Q1 Earnings Snapshot

May. 07, 2024 16:37 PM EDT

AUDUBON, Pa. (AP) — AUDUBON, Pa. (AP) — Globus Medical Inc. (GMED) on Tuesday reported a loss of $7.1 million in its first quarter. On a per-share basis, the Audubon, Pennsylvania-based company said it had a loss of 5 cents. Earnings, adjusted for one-time gains and costs, came...