InfuSystem Shares Hit 52-Week High on Higher 2Q Earnings, Revenue

Dow Jones
Aug 05
 
 

InfuSystem Holdings shares rose after the company reported higher earnings and revenue in the second quarter.

The stock was up 24%, at $11.40, on Tuesday after hitting its 52-week high of $11.50 earlier in the session.

The company, which provides healthcare services, said it had quarterly earnings of $3.2 million, or 15 cents a share, compared with earnings of $2.6 million, or 12 cents a share, in the same quarter last year.

Revenue for the quarter was $36.9 million, compared with last year's $36 million. Analysts polled by FactSet were looking for revenue of $36.4 million. Patient Services revenue was $24.8 million, an increase of 15% over last year. Device Solutions revenue was $12.1 million, a decrease of 16%.

InfuSystem said it was reaffirming its revenue guidance for 2026. It is expecting revenue growth of 6% to 8%.

 
 

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