MiMedx Group, Inc. (NASDAQ: MDXG) saw its stock price surge 7.79% in after-hours trading on Wednesday, following the release of its impressive third-quarter 2025 financial results that significantly exceeded analyst expectations.
The company reported record quarterly net sales of $113.7 million, representing a substantial 35.3% increase compared to the same period in 2024. This figure impressively surpassed the analyst consensus estimate of $94.1 million by 20.80%. MiMedx's strong performance was driven by robust growth across its product lines, with wound product sales up 40% and surgical product sales increasing by 26% year-over-year.
Profitability also saw a marked improvement, with net income from continuing operations more than doubling to $16.7 million. Adjusted earnings per share came in at $0.15, handily beating the analyst estimate of $0.07. The company's gross profit rose by 38.2% to $95.0 million, while adjusted EBITDA reached $34.95 million. Additionally, MiMedx raised its full-year 2025 outlook, now expecting net sales growth in the mid-to-high teens as a percentage compared to 2024, with adjusted EBITDA margin projected to be at least in the mid-20% range. This strong performance and positive forward guidance likely contributed to the significant after-hours stock price increase.
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