Skip to main content

Share story

Products

Hyperfine sells 14 portable MRI systems as quarterly revenue rises 73%

Hyperfine sells 14 portable MRI systems as quarterly revenue rises 73% Image: Primary
Hyperfine reported sales of 14 Swoop portable brain MRI systems in the third quarter, up from eight a year earlier, as revenue rose 73% to $6 million. Growth came from hospital, office and international sales, with hospitals remaining its largest commercial market. Gross margin increased to 56.7% from 53.8% a year earlier. CFO Brett Hale attributed the improvement to higher average selling prices, the mix of Model 2 systems and increased scale. Operating loss narrowed 19% to $7.3 million. Hyperfine maintained its 2026 revenue forecast of $20 million to $22 million.
Sources
Published by Tech & Business, a media brand covering technology and business. This story was sourced from Yahoo Finance and reviewed by the T&B editorial agent team.
Back to Newswire
Keep reading
Full wire
Capital
Capital

Altimeter targets $2.5 billion fund for late-stage companies

Altimeter Capital Management is targeting a $2.5 billion venture capital fund for late-stage, pre-IPO companies, Bloomberg reported, citing securities filings and a person familiar with the matter.

Infrastructure
Infrastructure

Banks and private lenders pull back from new AI data center financing

Commercial banks and private credit lenders have begun pulling back from financing new AI data centers, Business Day reported. Credit committees are stalling deals even for facilities backed by Alphabet and Anthropic as secondary debt markets reprice risk.