Monogram Orthopaedics Inc

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Monogram Orthopaedics Inc (MGRM) reports strong Q3 performance and eyes international growth

Monogram Orthopaedics Inc (MGRM) shows strong financial performance with strategic milestones achieved and regulatory progress.
Challenges include high marketing expenses impacting burn rate and the need to focus on international markets for revenue generation.
Opportunities lie in FDA clearance anticipation, market dynamics favoring robotic surgery adoption, and consumables revenue potential post-clearance.

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Monogram Technologies, Inc. operates as a medical technology company. It intends to produce and market robotic surgical equipment and related software, orthopaedic implants, tissue ablation tools, navigation consumables, and other miscellaneous instrumentation necessary for reconstructive joint replacement procedures. The company was founded by Douglas Unis in 2015 and is headquartered in Austin, TX.

Event features Monogram's mBôs commercial robot alongside panel of orthopaedic surgeons AUSTIN, TX / ACCESSWIRE / February 12, 2024 / Monogram Orthopaedics Inc. (NASDAQ:MGRM) ("Monogram" or the "Company"), a medical technology company focused on reconstructive joint procedures and surgical robotics, hosted a recorded discussion of features of Monogram's mBôs and mVision technologies with a surgeon panel. Monogram's mVision technology is a novel approach to registration and tracking that the company is now working on for integration into the mBôs surgical robotic system in the future.

Monogram Orthopaedics to Present Rescheduled Product Discussion with Surgeon Reaction during AAOS Annual Meeting

AUSTIN, TX / ACCESSWIRE / January 24, 2024 / Monogram Orthopaedics Inc. (NASDAQ:MGRM) ("Monogram" or the "Company"), a medical technology company focused on reconstructive joint procedures and surgical robotics, announced today that management will present at the Canaccord Genuity 2024 Musculoskeletal Conference taking place February 12, 2024, in San Francisco. Ben Sexson, Chief Executive Officer, is scheduled to host a presentation during the conference and will also participate in one-on-one meetings with Chief Financial Officer Noel Knape during the conference.

Monogram Orthopaedics to Present at the Canaccord Genuity Musculoskeletal Conference on February 12, 2024

AUSTIN, TX / ACCESSWIRE / December 14, 2023 / Monogram Orthopaedics Inc. (NASDAQ:MGRM) ("Monogram" or the "Company"), a medical technology company focused on reconstructive joint procedures and surgical robotics, announced that its live stream product demonstration of features of its commercial robot has been postponed due to management's international travel schedules. The Company will provide a new date for the live stream pending management availability.

Monogram Orthopaedics to Reschedule Robotic Product Demo Live Stream

- Demo will feature Monogram's mBôs commercial robot with teaser - AUSTIN, TX / ACCESSWIRE / November 30, 2023 / Monogram Orthopaedics Inc. (NASDAQ:MGRM) ("Monogram" or the "Company"), a medical technology company focused on reconstructive joint procedures and surgical robotics, will host a live stream product demonstration of features of its commercial robot on Thursday, December 14, 2023, at 11:00 a.m. Eastern Time.

Monogram Orthopaedics to Host Robotic Product Demo Live Stream on Thursday, December 14, 2023 at 11:00 a.m. Eastern Time

- First Sale to Major Global Distributor Represents Key Revenue Milestone and Paves the Way for Broader Commercialization - AUSTIN, TX / ACCESSWIRE / November 28, 2023 / Monogram Orthopaedics Inc. (NASDAQ:MGRM) ("Monogram" or the "Company"), a medical technology company focused on reconstructive joint procedures and surgical robotics, has delivered its first surgical robot to one of the world's largest global robotics distributors. "Delivering our first robot and realizing our first commercial revenues validates our technology and represents a pivotal milestone for our strategic roadmap," said Ben Sexson, Chief Executive Officer of Monogram Orthopaedics.

Monogram Orthopaedics Delivers First Surgical Robot

- Presentation Highlights MGRM's Competitive Differentiation and Multi-Stage Growth Strategy - AUSTIN, TX / ACCESSWIRE / October 20, 2023 / Monogram Orthopaedics Inc. (NASDAQ:MGRM) ("Monogram" or the "Company"), a medical technology company focused on reconstructive joint procedures and surgical robotics, today announced the filing of an 8-K with the U.S. Securities and Exchange Commission ("SEC") that included an updated presentation regarding the business of the company. The presentation highlights the Company's vision, competitive differentiation, multi-stage product strategy, and market opportunities.

Monogram Orthopaedics Files Updated Presentation on Form 8-K

Monogram Orthopaedics, Inc. went public in May 2023 and raised $17.2 million for its autonomous robotic surgical system for knee replacement surgery. The company is still in the development stage and will require significant additional capital to fund its plans. The stock is an ultra-high-risk investment, and my outlook is to Sell.

Monogram Orthopaedics Faces Tough Road Ahead For Surgical Robotics System

Completion of the Development Phase Represents a Key Milestone Toward Product Commercialization AUSTIN, TX / ACCESSWIRE / August 14, 2023 / Monogram Orthopaedics Inc. (NASDAQ:MGRM) ("Monogram" or the "Company"), a medical technology company focused on reconstructive joint procedures and surgical robotics, today announced the completion of the Development Phase and the start of the Verification Phase for the Company's next-generation autonomous surgical robotic system, a key milestone in Monogram's commercialization journey. The development cycle for medical devices involves several phases to ensure their effective and safe production, including Conceptualization, Feasibility Studies, Design and Development, Verification, Validation, Regulatory Approval and Clinical Evaluation, and Manufacturing and Commercialization.

Monogram Orthopaedics' Next Generation Surgical Robotic System Enters Verification Phase

Moves from R&D to Commercialization AUSTIN, TX / ACCESSWIRE / July 18, 2023 / Monogram Orthopaedics Inc., (NASDAQ:MGRM) ("Monogram" or the "Company"), a medical technology company focused on reconstructive joint procedures and orthopedic implants, today announced the Company executed a conditional purchase order to initiate a pilot program with a global distributor. Monogram will update its system software to facilitate robotic surgery with the distributor's implants for comprehensive evaluation.

Monogram Orthopaedics Secures First Conditional Purchase Order to Initiate Pilot Program with Global Distributor

AUSTIN, TX / ACCESSWIRE / May 23, 2023 / Monogram Orthopaedics Inc., (NASDAQ:MGRM) ("Monogram" or the "Company") a medical technology company focused on reconstructive joint procedures and orthopedic implants, today announced it has engaged international investor relations specialists MZ Group ("MZ") to lead a comprehensive strategic investor relations and financial communications program across all key markets. MZ Group will work closely with Monogram management to develop and implement a comprehensive capital markets strategy designed to increase the Company's visibility throughout the investment community.

Monogram Orthopaedics Engages MZ Group to Lead Strategic Investor Relations and Shareholder Communication Program

Monogram Orthopaedics (NASDAQ: MGRM ) stock is heading higher on Friday after the company's shares made their public debut on Thursday! The Monogram Orthopaedics IPO saw the company selling 2.4 million shares of MGRM stock at a price of $7.25 each.

Why Is Monogram Orthopaedics (MGRM) Stock Up 61% Today?

Farfetch

Monogram Orthopaedics Inc. MGRM, +62.07% shares surged 278% in premarket trading. The medical technology group began trading on the Nasdaq on Thursday, with the stock ending the first day of trading at $11.75 per share from a $7.25 offer price it settled on late Wednesday.

Monogram Orthopaedics shares rally, Farfetch stock gains and other stocks on the move

Monogram Orthopaedics (NASDAQ: MGRM ) stock is ripping higher on Thursday as it makes its public debut. Trading under MGRM stock, shares are currently up more than 50% from the offering price.

MGRM Stock Alert: 7 Things to Know as Monogram Orthopaedics Starts Trading

Medical Technology Company Ushering in the Future of Joint Reconstruction Will Trade Under Ticker Symbol "MGRM" AUSTIN, TX / ACCESSWIRE / May 18, 2023 / Monogram Orthopedics (NASDAQ:MGRM), a leader in developing patient-optimized, 3D-printed orthopedic implants enabled by robotics with advanced pre-operative imaging, today announced it raised $17,216,147 is pleased to announce that its common stock will begin trading on the NASDAQ today, May 18, 2023, at approximately 11:00 am EST under the ticker symbol "MGRM." Digital Offering, LLC, acted as the lead managing selling agent, along with R.F.

Monogram Orthopaedics Shares Begin Trading Publicly on NASDAQ

Shares to Begin Trading on NASDAQ on May 18, 2023 Under the Ticker Symbol "MGRM" AUSTIN, TX / ACCESSWIRE / May 17, 2023 / Monogram Orthopaedics Inc., a leader in developing patient-optimized, 3D-printed orthopedic implants enabled by robotics with advanced pre-operative imaging, today announced it raised $17,216,147 through the sale of 2,374,641 shares of its Class A Common Stock priced at $7.25 per share. Monogram expects the stock to begin trading on NASDAQ under the ticker symbol "MGRM" on May 18, 2023.

Monogram Orthopaedics Announces Closing of Public Offering of $17,216,147

News for Monogram Orthopaedics Inc Stock (MGRM)