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Axonics, Inc. Stock Price

NasdaqGS:AXNX Community·US$3.6b Market Cap
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Snowflake Analysis

Flawless balance sheet with reasonable growth potential.

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Axonics, Inc. Key Details

US$431.9m

Revenue

US$101.1m

Cost of Revenue

US$330.8m

Gross Profit

US$336.5m

Other Expenses

-US$5.7m

Earnings

Last Reported Earnings
Sep 30, 2024
Next Reporting Earnings
n/a
-0.11
76.59%
-1.31%
0%
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About AXNX

Founded
2012
Employees
797
CEO
Raymond Cohen
WebsiteView website
www.axonics.com

Axonics, Inc., a medical technology company, engages in the development and commercialization of novel products for the treatment of bladder and bowel dysfunction. Its sacral neuromodulation (SNM) systems are used to treat patients with overactive bladder (OAB), including urinary urge incontinence and urinary urgency frequency, as well as fecal incontinence (FI) and non-obstructive urinary retention (UR); and rechargeable (R20) and recharge-free (F15) implantable SNM systems that delivers mild electrical pulses to the targeted sacral nerve to restore normal communication to and from the brain to reduce the symptoms of OAB, UR, and FI. The company also offers Bulkamid, a urethral bulking agent to treat female stress urinary incontinence. It sells its products through a direct sales force and distributors in the United States, the United Kingdom, Germany, the Netherlands, Nordic countries, and internationally. The company was formerly known as Axonics Modulation Technologies, Inc. and changed its name to Axonics, Inc. in March 2021. Axonics, Inc. was incorporated in 2012 and is based in Irvine, California.

Recent AXNX News & Updates

Seeking Alpha Nov 05

Axonics' Market Growth Strengthens Boston Scientific's Future

Summary Boston Scientific Corporation plans to acquire Axonics, Inc. for $3.7 billion in cash to expand its urology offerings with Axonics' innovative urinary and bowel disorder treatments. Axonics, founded in 2013, is renowned for developing less invasive treatments for bladder and bowel issues, including a neurostimulator with a 20-year battery life. Boston Scientific, a major player in medical technology since 1979, will enhance its sacral neuromodulation capabilities through this acquisition. The acquisition positions Boston Scientific to better support individuals with chronic bladder and bowel conditions, strengthening its market presence in this growing field. Read the full article on Seeking Alpha

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