Intraoperative neuromonitoring company sees 83% jump in Q1 cases

Carly Behm -  

Intraoperative neuromonitoring company Assure Holdings posted 5,100 managed cases in the first quarter of 2022.

Four things to know:

1. Managed cases grew 83 percent from about 2,800 in the first quarter of 2021, according to results shared May 16.

2. About 1,300 of first-quarter cases were remotely managed. That began in the second quarter of 2021.

3. Total revenue in the first quarter dipped to $4.7 million, compared to $4.8 million in the first quarter of 2021.

4. The company saw a net loss of $2.5 million, or $0.19 per diluted share.

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