TransMedics' stock plunges 52% despite Q3 revenue surge, raising questions about future growth.

Despite a 64% revenue increase to $108.8 million in Q3, TransMedics' stock has fallen 52% due to lower-than-expected sales and earnings growth. The company's Organ Care System, which is FDA-approved for organ transport, has gained hospital reliance. With plans for continued growth and a focus on clinical evidence in 2025, the stock dip may offer a purchasing opportunity for high-risk investors.

November 09, 2024
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