Vapotherm (VAPO -28.1%) appears to be pressured by “sell on the news” behavior out of the gate this morning. After the close yesterday, it announced better-than-expected Q2 results, including a 193% jump in revenues driven by robust demand for its Precision Flow systems.
Its revenue outlook for Q3 is $24.0M – 28.0M up 122 – 159% from a year ago and above consensus of $18.9M.
Despite the selloff, shares are up over four-fold this year.
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