MDXG Stock - MiMedx Group, Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $348.88M | $321.48M | $267.84M | $242.02M | $248.23M |
| Gross Profit | $288.81M | $266.84M | $219.53M | $202.39M | $208.90M |
| Gross Margin | 82.8% | 83.0% | 82.0% | 83.6% | 84.2% |
| Operating Income | $58.87M | $37.12M | $-14,727,000 | $-7,051,000 | $-45,398,000 |
| Net Income | $42.42M | $67.44M | $-30,197,000 | $-12,301,000 | $-49,284,000 |
| Net Margin | 12.2% | 21.0% | -11.3% | -5.1% | -19.9% |
| EPS | $0.29 | $0.48 | $-0.27 | $-0.09 | $-0.46 |
MiMedx Group, Inc. develops and distributes placental tissue allografts for various sectors of healthcare. It processes the human placental tissues utilizing its patented and proprietary PURION process to produce allografts that retains the tissue's inherent biological properties and regulatory proteins. The company's patented and proprietary processing method employs aseptic processing techniques in addition to terminal sterilization. Its products include EpiFix, a semi-permeable protective barrier membrane product used for the treatment of chronic wounds, including diabetic foot ulcers, venous leg ulcers, and pressure ulcers; AmnioFix, a semi-permeable protective barrier allograft, which comprises dehydrated human amnion/chorion membrane for use in surgical recovery applications; EpiCord and AmnioCord are dehydrated human umbilical cord allografts that are used to provide a protective environment for the healing process, as well as used in the advanced wound care and surgical recovery applications; and AMNIOBURN a semi-permeable protective barrier allograft used in the treatment of partial-thickness and full-thickness burns, as well as lead product includes mdHACM, a micronized form of AMNIOFIX, supplied in powder form. The company's products have applications primarily in the areas of wound care, burn, surgical, and non-operative sports medicine sectors of healthcare. It also sells allografts for dental applications on an original equipment manufacturer basis. The company sells its products through direct sales force and independent sales agents, as well as through independent distributors primarily in the United States. MiMedx Group, Inc. is headquartered in Marietta, Georgia.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| July 2nd 2024 | Cantor Fitzgerald | Initiation | Overweight | $11 |
| March 7th 2024 | Lake Street | Initiation | Buy | $12 |
| October 27th 2023 | Craig Hallum | Initiation | Buy | $12 |
| October 13th 2022 | Mizuho | Initiation | Buy | $7 |
Earnings History & Surprises
MDXGEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 28, 2026 | — | — | — | — |
Q1 2026 | Feb 25, 2026 | $0.09 | — | — | — |
Q4 2025 | Oct 29, 2025 | $0.07 | $0.15 | +114.3% | ✓ BEAT |
Q3 2025 | Jul 30, 2025 | $0.06 | $0.10 | +66.7% | ✓ BEAT |
Q2 2025 | Apr 30, 2025 | $0.06 | $0.06 | 0.0% | = MET |
Q1 2025 | Feb 26, 2025 | $0.07 | $0.07 | 0.0% | = MET |
Q4 2024 | Oct 30, 2024 | $0.04 | $0.05 | +13.6% | ✓ BEAT |
Q3 2024 | Jul 31, 2024 | $0.08 | $0.08 | 0.0% | = MET |
Q2 2024 | Apr 30, 2024 | $0.05 | $0.07 | +40.0% | ✓ BEAT |
Q1 2024 | Feb 28, 2024 | $0.08 | $0.04 | -50.0% | ✗ MISS |
Q4 2023 | Oct 30, 2023 | $0.05 | $0.06 | +20.0% | ✓ BEAT |
Q3 2023 | Aug 1, 2023 | $0.01 | $0.01 | +100.0% | ✓ BEAT |
Q2 2023 | May 2, 2023 | $-0.09 | $-0.06 | +33.3% | ✓ BEAT |
Q2 2023 | May 1, 2023 | — | $-0.00 | — | — |
Q4 2022 | Nov 2, 2022 | $-0.09 | $-0.09 | 0.0% | = MET |
Q3 2022 | Aug 2, 2022 | $-0.06 | $-0.11 | -83.3% | ✗ MISS |
Q2 2022 | May 3, 2022 | $-0.10 | $-0.11 | -10.0% | ✗ MISS |
Q1 2022 | Feb 28, 2022 | $0.00 | $0.01 | +129.9% | ✓ BEAT |
Q4 2021 | Nov 2, 2021 | $-0.08 | $-0.04 | +50.0% | ✓ BEAT |
Q3 2021 | Aug 3, 2021 | $-0.07 | $-0.03 | +57.1% | ✓ BEAT |
Latest News
MIMEDX Announces Publication In Journal Of Inflammation Focused On Immunomodulatory Effects Of Purion Processed Human Amniotic Membrane Allografts In Vitro
📈 PositiveMizuho Maintains Outperform on MiMedx Group, Lowers Price Target to $10
📈 PositiveMIMEDX Group Releases Interim Results From Its Campaign Trial, Showing That Its EPIEFFECT Significantly Outperformed Standard Care In Treating Nonhealing Diabetic Foot Ulcers
📈 PositiveMiMedx Group shares are trading higher after the company reported Q3 results above estimates.
📈 PositiveMiMedx Group Q3 Adj. EPS $0.15 Beats $0.07 Estimate, Sales $113.725M Beat $94.144M Estimate
📈 PositiveFrequently Asked Questions about MDXG
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