KORU Medical Systems, Inc. (KRMD)

NASDAQ: KRMD · Real-Time Price · USD
4.020
+0.320 (8.65%)
Dec 20, 2024, 4:00 PM EST - Market closed
8.65%
Market Cap 184.27M
Revenue (ttm) 31.99M
Net Income (ttm) -11.97M
Shares Out 45.84M
EPS (ttm) -0.26
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 209,200
Open 3.690
Previous Close 3.700
Day's Range 3.610 - 4.030
52-Week Range 1.978 - 4.600
Beta 0.44
Analysts Strong Buy
Price Target 4.13 (+2.74%)
Earnings Date Nov 13, 2024

About KRMD

KORU Medical Systems, Inc. develops and manufactures medical devices and supplies in the United States and internationally. It offers the freedom infusion systems to deliver life-saving therapies to patients with chronic illnesses, such as primary immunodeficiency diseases, chronic inflammatory demyelinating polyneuropathy, and paroxysmal nocturnal hemoglobinuria. Its products include the FREEDOM60 syringe infusion system, the FreedomEdge syringe driver, HIgH-Flo subcutaneous safety needle sets, and precision flow rate tubing products. The comp... [Read more]

Sector Healthcare
Founded 1980
Employees 82
Stock Exchange NASDAQ
Ticker Symbol KRMD
Full Company Profile

Financial Performance

In 2023, KORU Medical Systems's revenue was $28.52 million, an increase of 2.23% compared to the previous year's $27.90 million. Losses were -$13.74 million, 58.7% more than in 2022.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for KRMD stock is "Strong Buy." The 12-month stock price forecast is $4.13, which is an increase of 2.74% from the latest price.

Price Target
$4.13
(2.74% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

KORU Medical Systems to Participate in Piper Sandler's 36th Annual Healthcare Conference

MAHWAH, N.J.--(BUSINESS WIRE)--KORU Medical Systems (NASDAQ: KRMD) (“KORU Medical” or the “Company”), a leading medical technology company focused on the development, manufacturing, and commercializat...

26 days ago - Business Wire

KORU Medical Systems, Inc. (KRMD) Q3 2024 Earnings Call Transcript

KORU Medical Systems, Inc. (KRMD) Q3 2024 Earnings Call Transcript

5 weeks ago - Seeking Alpha

KORU Medical Systems, Inc. Announces 2024 Q3 Financial Results, Third Consecutive Quarter of Double-Digit Growth; Raises Full Year 2024 Guidance

MAHWAH, N.J.--(BUSINESS WIRE)--KORU Medical Systems, Inc. (NASDAQ: KRMD) (“KORU Medical” or the “Company”), a leading medical technology company focused on development, manufacturing, and commercializ...

5 weeks ago - Business Wire

KORU Medical Systems to Participate in Upcoming Investor Conferences

MAHWAH, N.J.--(BUSINESS WIRE)--KORU Medical Systems (NASDAQ: KRMD) (“KORU Medical” or the “Company”), a leading medical technology company focused on the development, manufacturing, and commercializat...

6 weeks ago - Business Wire

Impressive Turnaround At KORU Medical

KORU Medical Systems is poised for growth with solid revenue increases, multiple growth drivers, and a chance to reach cash flow breakeven in Q4. The FREEDOM system, designed for at-home drug delivery...

6 weeks ago - Seeking Alpha

KORU Medical Systems Presents Data at Partnership Opportunities in Drug Delivery (PODD) Conference Demonstrating Nursing Preference for Use of KORU FreedomEdge® Infusion System over Manual Syringe Administration for Subcutaneous Oncology Infusion

MAHWAH, N.J.--(BUSINESS WIRE)--KORU Medical Systems, Inc. (NASDAQ: KRMD) (“KORU Medical” or the “Company”), a leading medical technology company focused on development, manufacturing, and commercializ...

7 weeks ago - Business Wire

KORU Medical Systems to Report Third Quarter 2024 Financial Results on November 13, 2024

MAHWAH, N.J.--(BUSINESS WIRE)--KORU Medical Systems (NASDAQ: KRMD) (“KORU Medical” or the “Company”), a leading medical technology company focused on development, manufacturing, and commercialization ...

2 months ago - Business Wire

KORU Medical Systems to Participate in the 8th Annual Lake Street Best Ideas Growth Conference

MAHWAH, N.J.--(BUSINESS WIRE)--KORU Medical Systems (NASDAQ: KRMD) (“KORU Medical” or the “Company”), a leading medical technology company focused on the development, manufacturing, and commercializat...

3 months ago - Business Wire

KORU Medical Systems, Inc (KRMD) Q2 2024 Earnings Call Transcript

KORU Medical Systems, Inc (KRMD) Q2 2024 Earnings Call Transcript

4 months ago - Seeking Alpha

KORU Medical Systems, Inc. Announces 2024 Q2 Financial Results, a Record Quarter With 22% Revenue Growth; Raises Full Year 2024 Guidance

MAHWAH, N.J.--(BUSINESS WIRE)--KORU Medical Systems, Inc. (NASDAQ: KRMD) (“KORU Medical” or the “Company”), a leading medical technology company focused on development, manufacturing, and commercializ...

4 months ago - Business Wire

KORU Medical Systems to Participate in the Canaccord Genuity 44th Annual Growth Conference

MAHWAH, N.J.--(BUSINESS WIRE)--KORU Medical Systems (NASDAQ: KRMD) (“KORU Medical” or the “Company”), a leading medical technology company focused on the development, manufacturing, and commercializat...

5 months ago - Business Wire

KORU Medical Systems, Inc Announces Leadership Changes to Support Growth Agenda

MAHWAH, N.J.--(BUSINESS WIRE)--KORU Medical Systems, Inc. (NASDAQ: KRMD) ("KORU Medical" or the "Company"), a leading medical technology company focused on the development, manufacturing, and commerci...

5 months ago - Business Wire

KORU Medical Systems to Report Second Quarter 2024 Financial Results on August 7, 2024

MAHWAH, N.J.--(BUSINESS WIRE)--KORU Medical Systems (NASDAQ: KRMD) (“KORU Medical” or the “Company”), a leading medical technology company focused on development, manufacturing, and commercialization ...

5 months ago - Business Wire

KORU Medical Systems Receives Regulatory Clearance for FreedomEdge® Infusion System in Japan

MAHWAH, N.J.--(BUSINESS WIRE)--KORU Medical Systems, Inc. (NASDAQ: KRMD) (“KORU Medical” or the “Company”), a leading medical technology company focused on development, manufacturing, and commercializ...

6 months ago - Business Wire

Simplifying Subcutaneous Drug Administration: SCHOTT Pharma and KORU Medical Systems Announce Collaboration to Advance Large Volume Subcutaneous Infusion

MAINZ, Germany, & MAHWAH, N.J.--(BUSINESS WIRE)--SCHOTT Pharma, a pioneer in pharma drug containment solutions and delivery systems, and KORU Medical Systems (NASDAQ: KRMD), a leading medical technolo...

7 months ago - Business Wire

KORU Medical Systems Announces a New Feasibility Study with a Commercialized Oncology Biologic

MAHWAH, N.J.--(BUSINESS WIRE)--KORU Medical Systems, Inc. (NASDAQ: KRMD) (“KORU Medical” or the “Company”), a leading medical technology company focused on development, manufacturing, and commercializ...

7 months ago - Business Wire

KORU Medical Systems Signs Supply Agreement for a Phase III Clinical Trial for a Novel Endocrinological Biologic

MAHWAH, N.J.--(BUSINESS WIRE)--KORU Medical Systems, Inc. (NASDAQ: KRMD) (“KORU Medical” or the “Company”), a leading medical technology company focused on development, manufacturing, and commercializ...

7 months ago - Business Wire

KORU Medical Systems, Inc. (KRMD) Q1 2024 Earnings Call Transcript

KORU Medical Systems, Inc. (NASDAQ:KRMD) Q1 2024 Earnings Conference Call May 1, 2024 4:30 PM ET Company Participants Louisa Smith - The Gilmartin Group Linda Tharby - President & Chief Executive Off...

8 months ago - Seeking Alpha

KORU Medical Systems, Inc. Announces 2024 First Quarter Financial Results Delivering Double-Digit Revenue Growth

MAHWAH, N.J.--(BUSINESS WIRE)--KORU Medical Systems, Inc. (NASDAQ: KRMD) ("KORU Medical" or the "Company"), a leading medical technology company focused on development, manufacturing, and commercializ...

8 months ago - Business Wire

KORU Medical Systems to Report First Quarter 2024 Financial Results on May 1, 2024

MAHWAH, N.J.--(BUSINESS WIRE)--KORU Medical Systems (NASDAQ: KRMD) (“KORU Medical” or the “Company”), a leading medical technology company focused on development, manufacturing, and commercialization ...

8 months ago - Business Wire

KORU Medical Systems Announces Successful Appeal in EU Notified Body Review

MAHWAH, N.J.--(BUSINESS WIRE)--KORU Medical Systems, Inc. (NASDAQ: KRMD) (“KORU Medical” or the “Company”), a leading medical technology company focused on development, manufacturing, and commercializ...

9 months ago - Business Wire

KORU Medical Systems to Present Data Demonstrating 97% Adherence on Its Freedom Infusion System for Large Volume Subcutaneous Administration at NHIA 2024 Conference

MAHWAH, N.J.--(BUSINESS WIRE)--KORU Medical Systems, Inc. (NASDAQ: KRMD) (“KORU Medical” or the “Company”), a leading medical technology company focused on development, manufacturing, and commercializ...

9 months ago - Business Wire

KORU Medical Systems, Inc. (KRMD) Q4 2023 Earnings Call Transcript

KORU Medical Systems, Inc. (KRMD) Q4 2023 Earnings Call Transcript

10 months ago - Seeking Alpha

KORU Medical Systems, Inc. Announces 2023 Fourth Quarter, Full Year Financial Results, and 2024 Guidance

MAHWAH, N.J.--(BUSINESS WIRE)--KORU Medical Systems, Inc. (NASDAQ: KRMD) ("KORU Medical" or the "Company"), a leading medical technology company focused on development, manufacturing, and commercializ...

10 months ago - Business Wire

KORU Medical Systems Announces a Feasibility Study to Enter Ambulatory Infusion Settings with a Commercialized Biologic

MAHWAH, N.J.--(BUSINESS WIRE)--KORU Medical Systems, Inc. (NASDAQ: KRMD) (“KORU Medical” or the “Company”), a leading medical technology company focused on development, manufacturing, and commercializ...

10 months ago - Business Wire