Hyperfine, Inc. Provides Unaudited Revenue Guidance for the Fourth Quarter and Full Year Ended December 31, 2021
January 10, 2022 at 06:00 pm IST
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Hyperfine, Inc. provided unaudited revenue guidance for the fourth quarter and full year ended December 31, 2021. For the fourth quarter, the company expected total revenue to be approximately $0.362 to $0.437 million.
For the full year, the company expected total revenue to be approximately $1.42 to $1.50 million.
Hyperfine, Inc. is a health technology company. The Company provides a Swoop Portable Magnetic Resonance Imaging System (Swoop system), which is a portable magnetic resonance imaging (MRI) system capable of providing neuroimaging at the point of care. Its Swoop system produces images at a lower magnetic field strength than conventional MRI scanners. The Swoop system is a portable, ultra-low-field (ULF) MRI device for producing images that display the internal structures of the head where full diagnostic examination is not clinically practical. MRI is used in various clinical settings for medical diagnosis, the staging of disease, and follow-up treatment. It has designed Swoop system to address an unmet need in point-of-care medical imaging through a combination of hardware and artificial intelligence (AI)-powered software services. The Companyâs system operates from a Wi-Fi-capable tablet and integrates with picture archiving and communication systems (PACS).