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Koru Medical Systems Inc   (KRMD)
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Price: $2.1100 $-0.01 -0.472%
Day's High: $2.17 Week Perf: 2.93 %
Day's Low: $ 2.11 30 Day Perf: 1.44 %
Volume (M): 63 52 Wk High: $ 4.48
Volume (M$): $ 134 52 Wk Avg: $2.94
Open: $2.15 52 Wk Low: $1.98



 Market Capitalization (Millions $) 96
 Shares Outstanding (Millions) 46
 Employees -
 Revenues (TTM) (Millions $) 29
 Net Income (TTM) (Millions $) -8
 Cash Flow (TTM) (Millions $) -6
 Capital Exp. (TTM) (Millions $) 1

Koru Medical Systems Inc
Koru Medical Systems Inc. is a medical device company that specializes in developing and commercializing innovative respiratory care technologies. The company focuses on advancing the treatment of chronic respiratory conditions such as chronic obstructive pulmonary disease (COPD), asthma, and other pulmonary disorders.

Koru Medical Systems aims to provide patients with convenient and effective respiratory care solutions that can improve their quality of life. They develop products that address the challenges faced by patients in managing their respiratory conditions.

The company's flagship product is the Inogen One System, which is a portable oxygen concentrator that allows patients to receive oxygen therapy on-the-go. This device is designed to enhance patient mobility while providing a reliable and efficient oxygen supply.

Koru Medical Systems also offers a range of related products and accessories, including nasal cannulas, filters, and batteries, to accompany their respiratory care devices. They strive to continuously innovate and improve their offerings to meet the evolving needs of patients and healthcare professionals.

Overall, Koru Medical Systems Inc. is dedicated to advancing respiratory care and providing effective solutions for patients with chronic respiratory conditions.


   Company Address: 100 Corporate Drive Mahwah 7430 NJ
   Company Phone Number: 469-2042   Stock Exchange / Ticker: NASDAQ KRMD
   KRMD is expected to report next financial results on March 07, 2024.


   

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Koru Medical Systems Inc

KRMD Share Prices Take a Dive: Third Quarter Reports Reveal a Startling Shortfall of $-0.03 per Share!

Koru Medical Systems Inc, a leading medical technology company, has reported its financial results for the third quarter ended September 30, 2023. The company experienced a decrease in revenue and an increased shortfall compared to the previous year.
In the third quarter of 2023, Koru Medical Systems Inc saw its revenue decrease by 9.757% to $7.00 million compared to the same period last year. This decline in revenue can be attributed to lower turnover within the company. The bottom line was also impacted, with the company reporting a loss of $-0.03 per share, compared to a loss of $-0.05 per share in the previous quarter.

Contract

KORU Medical Systems forges ahead with Next-Generation Infusion System, showcasing resilience amidst challenging market conditions

Published Wed, Nov 8 2023 9:10 PM UTC



KORU Medical Systems, Inc. (NASDAQ: KRMD) recently revealed a significant development agreement with a prominent biopharmaceutical manufacturer. The agreement entails the development and regulatory approval of a cutting-edge subcutaneous immunoglobulin infusion system. This endeavor underscores KORU Medical's commitment to enhancing the lives of patients through th...

Product Service News

KORU Medical Systems, Inc.'s FREEDOM60 Infusion System Receives FDA Clearance, Paving the Way for Improved Patient Care and Market Growth

Published Tue, Nov 7 2023 9:05 PM UTC


KORU Medical Systems, Inc., a renowned medical technology company, has recently achieved a significant milestone by obtaining FDA clearance for their FREEDOM60 Infusion System with Hizentra 50 mL prefilled syringes (PFS). This clearance marks an important achievement for KORU Medical, as it validates their commitment to enhancing the quality of life for patients through...

Koru Medical Systems Inc

Koru Medical Systems Inc Showcases Encouraging Financial Performance with Single-Digit Top-Line Growth

Koru Medical Systems Inc is a medical equipment and supplies company that specializes in developing innovative solutions for the treatment of respiratory conditions. The company recently reported its financial results for the most recent fiscal period, showing some positive signs of growth and improvement compared to the previous year.
In terms of earnings, Koru Medical Systems Inc reported a loss of $0.05 per share, which is an improvement from the loss of $0.07 per share in the same period last year. This indicates that the company has managed to reduce its losses, showcasing a more efficient business operation. Additionally, the company also managed to maintain the same loss as the previous quarter, which suggests stability in its financial performance.

Koru Medical Systems Inc

Koru Medical Systems Inc Fails to Attain Profitability Despite Remarkable Revenue Performance in Q1 2023 Earnings Season

The stock market can be a rollercoaster ride for investors, but it's always exciting to see companies make strides, even in the face of challenges. That's why we're pleased to report on the recent performance of Koru Medical Systems Inc, who has been making waves in the healthcare sector.
Despite a net loss of $-9 million in the 12 months ending in the first quarter of 2023, Koru Medical Systems Inc has proven to be a valuable player in the market. Though the negative ROI of -23.98% is less than desirable, it's important to note that the company has made significant strides in other areas.






 

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