Tenon Medical, Inc. (TNON)

NASDAQ: TNON · Real-Time Price · USD
2.190
-0.010 (-0.45%)
At close: Dec 4, 2024, 4:00 PM
2.210
+0.020 (0.91%)
After-hours: Dec 4, 2024, 4:56 PM EST
-0.45%
Market Cap 6.87M
Revenue (ttm) 3.32M
Net Income (ttm) -13.72M
Shares Out 3.14M
EPS (ttm) -27.13
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 97,687
Open 2.210
Previous Close 2.200
Day's Range 2.141 - 2.238
52-Week Range 2.130 - 17.190
Beta 1.92
Analysts Strong Buy
Price Target 16.00 (+630.59%)
Earnings Date Nov 13, 2024

About TNON

Tenon Medical, Inc., a medical device company, engages in the development of surgical implant systems to treat severe lower back pain in the United States and Puerto Rico. The company offers CATAMARAN SI-Joint Fusion System to fuse sacroiliac joints (SI-Joints) to treat SI-Joint dysfunction that often causes severe lower back pain; and features fixation device that passes through the axial and sagittal planes of the ilium and sacrum, as well as transfixes the SI joints. Tenon Medical, Inc. was incorporated in 2012 and is headquartered in Los Ga... [Read more]

Industry Medical Devices
Sector Healthcare
IPO Date Apr 27, 2022
Employees 21
Stock Exchange NASDAQ
Ticker Symbol TNON
Full Company Profile

Financial Performance

In 2023, Tenon Medical's revenue was $2.93 million, an increase of 323.73% compared to the previous year's $691,000. Losses were -$15.58 million, -17.63% less than in 2022.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for TNON stock is "Strong Buy." The 12-month stock price forecast is $16.0, which is an increase of 630.59% from the latest price.

Price Target
$16.0
(630.59% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Tenon Medical, Inc. (TNON) Q3 2024 Earnings Call Transcript

Tenon Medical, Inc. (NASDAQ:TNON) Q3 2024 Earnings Conference Call November 13, 2024 4:30 PM ET Company Participants Steven Foster - President & CEO Kevin Williamson - CFO Conference Call Participant...

21 days ago - Seeking Alpha

Tenon Medical Reports Third Quarter 2024 Financial Results

~ 3Q Revenue of $0.9 Million, Consistent with Prior Quarter; Year to Date Revenue of $2.5 Million, Growth of 18.3% Compared to Prior Year ~ ~ Published Interim Analysis from MAINSAIL™ Study; Post-Mark...

21 days ago - Accesswire

Tenon Medical Announces Initial Clinical Cases Successfully Completed with Company's New Catamaran(R) SE SI Joint Fusion System

~ Procedures Completed in Various Spine & Pain Centers of Excellence Throughout the Country Including in Idaho, Pennsylvania, Minnesota, Arizona and Utah ~ ~ Feedback From Initial Physician Users to S...

5 weeks ago - Accesswire

Tenon Medical, Inc. Announces Timing of Third Quarter 2024 Financial Results

LOS GATOS, CA / ACCESSWIRE / October 30, 2024 / Tenon Medical, Inc. (NASDAQ:TNON) ("Tenon" or the "Company"), a company transforming care for patients suffering from certain Sacroiliac Joint (SIJ) dis...

5 weeks ago - Accesswire

Tenon Medical(R) Regains Full Compliance with Nasdaq Continued Listing Requirements

LOS GATOS, CA / ACCESSWIRE / October 28, 2024 / Tenon Medical, Inc. (NASDAQ:TNON) ("Tenon" or the "Company"), a company transforming care for patients suffering from certain Sacroiliac Joint (SIJ) dis...

5 weeks ago - Accesswire

Tenon Medical(R) Announces Issuance of Three U.S. Patents

Further Solidifies International Patent Portfolio and Underscores the Company's Commitment to Innovation of SI Joint Stabilization Systems and Methods LOS GATOS, CA / ACCESSWIRE / October 17, 2024 / T...

6 weeks ago - Accesswire

Tenon Medical Announces Issuance of Three Notices of Allowance for Patent Applications from the USPTO

Tenon Now Holds 9 Granted Patents and 26 Pending Applications for the Catamaran® SI Joint Fusion System Worldwide LOS GATOS, CA / ACCESSWIRE / September 19, 2024 / Tenon Medical, Inc. (NASDAQ:TNON) ("...

2 months ago - Accesswire

Tenon Medical, Inc. Announces Closing of $4.5 Million Public Offering Priced At-The-Market Under Nasdaq Rules

LOS GATOS, CA / ACCESSWIRE / September 17, 2024 / Tenon Medical, Inc. (NASDAQ:TNON) ("Tenon" or the "Company"), a company transforming care for patients suffering with certain sacroiliac joint (SI Joi...

2 months ago - Accesswire

Tenon Medical, Inc. Announces Pricing of $4.5 Million Public Offering Priced At-The-Market Under Nasdaq Rules

LOS GATOS, CA / ACCESSWIRE / September 12, 2024 / Tenon Medical, Inc. (NASDAQ:TNON) ("Tenon" or the "Company"), a company transforming care for patients suffering with certain sacroiliac joint (SI Joi...

2 months ago - Accesswire

Tenon(R) Medical Announces the Introduction of the Catamaran(R) SE SI Joint Fusion System

~ New SI Joint Fixation Device Offers a 30% Reduction in Implant Size Providing Physicians Choices for Varying Anatomy and Treatment Strategies with the Catamaran Technology ~ ~ The SE System Can Also...

2 months ago - Accesswire

Tenon(R) Medical Announces First Peer Reviewed Publication of the MAINSAIL(TM) Study Analyzing the First 33 Consecutive Patients from an IRB Approved, Prospective, Multi-Centered, Post-Market Clinical Investigation Utilizing the Catamaran(R) SI Joint Fusion System

~ Interim Patient Outcomes Demonstrate Significant Improvements in Pain (VAS) and Disability (ODI), Along with High Patient Satisfaction and Safety Profile at Primary 6-month Analysis ~ ~ Preliminary ...

3 months ago - Accesswire

Tenon Medical Announces 1:8 Reverse Split

LOS GATOS, CA / ACCESSWIRE / September 4, 2024 / Tenon Medical, Inc. ("Tenon" or the "Company") (NASDAQ:TNON), a company transforming care for patients suffering with certain sacroiliac joint disorder...

3 months ago - Accesswire

Tenon(R) Medical Announces First Peer Reviewed Publication of the MAINSAIL(TM) Study Analyzing the First 33 Consecutive Patients from an IRB Approved, Prospective, Multi-Centered, Post-Market Clinical Investigation Utilizing the Catamaran(R) SI Joint Fusion System

~ Interim Patient Outcomes Demonstrate Significant Improvements in Pain (VAS) and Disability (ODI), Along with High Patient Satisfaction and Safety Profile at Primary 6-month Analysis ~ ~ Preliminary ...

3 months ago - Accesswire

Tenon Medical Appoints Medical Device Veteran, Kevin Williamson, Chief Financial Officer

LOS GATOS, CA / ACCESSWIRE / August 27, 2024 / Tenon Medical, Inc. (NASDAQ:TNON) ("Tenon Medical" or the "Company"), a company transforming care for patients suffering with certain sacroiliac joint (S...

3 months ago - Accesswire

Tenon Medical, Inc. (TNON) Q2 2024 Earnings Call Transcript

Tenon Medical, Inc. (NASDAQ:TNON) Q2 2024 Earnings Conference Call August 13, 2024 4:30 PM ET Company Participants Steven Foster - CEO and President Steven Van Dick - CFO and EVP, Finance and Adminis...

4 months ago - Seeking Alpha

Tenon Medical Reports Second Quarter 2024 Financial Results

~ Second Quarter 2024 Revenue Increased 21% Year-Over-Year ~ ~ Surgical Procedures Increased 7% Year-Over-Year in the Second Quarter 2024 ~ ~ Gross Profit Margin of 52% Marks One Year of Generating Po...

4 months ago - Accesswire

Tenon Medical, Inc. Announces Timing of Second Quarter 2024 Financial Results

LOS GATOS, CA / ACCESSWIRE / July 30, 2024 / Tenon Medical, Inc. (NASDAQ:TNON) ("Tenon" or the "Company"), a company transforming care for patients suffering with certain sacroiliac joint (SI Joint) d...

4 months ago - Accesswire

Tenon Medical, Inc. (TNON) Q1 2024 Earnings Call Transcript

Tenon Medical, Inc. (NASDAQ:TNON) Q1 2024 Earnings Conference Call May 14, 2024 4:30 PM ET Company Participants Steven M. Foster - Chief Executive Officer, President and Director Steven Van Dick - Ch...

7 months ago - Seeking Alpha

Tenon Medical Reports First Quarter 2024 Financial Results

~ Revenue Increased 66% Year-Over-Year ~ ~ Surgical Procedures Increased 42% Year-Over-Year ~ ~ Gross Margin Stabilized at 65% Sequentially ~ ~ Catamaran® SI Joint Fusion System Received Positive Fusi...

7 months ago - Accesswire

Tenon Medical, Inc. Announces Timing of First Quarter 2024 Financial Results

LOS GATOS, CA / ACCESSWIRE / April 30, 2024 / Tenon Medical, Inc. (NASDAQ:TNON) ("Tenon" or the "Company"), a company transforming care for patients suffering with certain sacroiliac joint (SI Joint) ...

7 months ago - Accesswire

Tenon(R) Medical Appoints Kristine Jacques to its Board of Directors

Experienced Medical Devices Industry Executive Joins Tenon's Board of Directors LOS GATOS, CA / ACCESSWIRE / March 28, 2024 / Tenon Medical, Inc. (NASDAQ:TNON) ("Tenon" or the "Company"), a company tr...

8 months ago - Accesswire

Tenon(R) Medical Announces Positive Fusion Results in First Patients Reaching 12-Month Follow Up in an IRB Approved, Multi-Centered, Post-Market Study Utilizing the Catamaran(R) SI Joint Fusion System

Preliminary SI Joint Fusion Results Based on Independent Radiologist Review Indicate Robust Fusion at 12-Months Post-Procedure Initial Patient Results Demonstrate Marked Improvements in Pain Scores an...

9 months ago - Accesswire

Tenon Medical, Inc (TNON) Q4 2023 Earnings Call Transcript

Tenon Medical, Inc (TNON) Q4 2023 Earnings Call Transcript

9 months ago - Seeking Alpha

Tenon Medical Reports Fourth Quarter and Full Year 2023 Financial Results

Fourth Quarter 2023 Revenue Increased 192% Year-Over-Year Full Year 2023 Revenue Increased 324% Year-Over-Year Surgical Procedures Increased 179% Year-Over-Year in the Fourth Quarter and 312% for the ...

9 months ago - Accesswire

Tenon Medical, Inc. Announces Timing of Fourth Quarter and Full Year 2023 Financial Results

LOS GATOS, CA / ACCESSWIRE / February 27, 2024 / Tenon Medical, Inc. (NASDAQ:TNON) ("Tenon" or the "Company"), a company transforming care for patients suffering with certain sacroiliac joint (SI Join...

10 months ago - Accesswire