Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

TransMedics: 3 Key Takeaways for Long-Term Investors

Key PointsTransMedics raised 2026 revenue guidance to $764 million to $774 million.

TransMedics reported robust third-quarter 2026 revenue of $203 million, a 41% year-over-year increase, despite a 6% decline in U.S. donor organ availability. CEO Waleed Hassanein highlighted two key growth initiatives: expanding enrollment in ENHANCE heart and DENOVO lung clinical programs, which could add 2,000 to 5,000 annual U.S. heart and lung cases, and developing a portable kidney system for kidneys discarded due to prolonged ischemia.

Hassanein expressed strong momentum, driven by hospital adoption and global expansion, with all-time high case volumes and operating leverage expected from next-generation organ preservation systems.

Written by urgent.news from Motley Fool's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at nasdaq.com →

More in Finance & Markets

Gold dips ahead of US inflation data

NEW YORK: Gold prices edged lower in early Asian trade on Tuesday as investors awaited US inflation data later in the day for clues on the Federal Reserve's next policy move.

More from Tuesday 10 November →