KBC Securities - MDXHEALTH (MDXH) mdxhealth Feedback from strong preliminary Q2 results

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KBC Securities

Thomas Vranken

mdxhealth Feedback from strong preliminary Q2 results

mdxhealth's preliminary 2Q24 results feature a continued strong uptake in revenues to $ 22.2m (+32% y/y) driven by consistent growth across the product portfolio. On the back of this strong growth, management again raised its FY24 revenue guidance to $ 85-87m i.e., 23% growth y/y. The company expresses confidence in reaching adjusted EBITDA profitability in 1H25. We maintain our $ 6 TP and re-iterate our Buy rating.

09/07/2024 1 EN

Underlying

MDXHEALTH

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BE0974461940 Euronext Brussels Belgium

Provider

KBC Securities

We are a financial services provider for several types of professional clients, each with distinct needs.

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Analysts

Thomas Vranken

Other Reports on these Companies

KBC Securities

mdxhealth FIRST LOOK: 3Q24 results come with upgraded FY24 guidance

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KBC Securities

Morning Notes : AALB NA, ADYEN NA, CPINV BB, CMBT BB, GBLB BB, MDXH BB, TESB BB, ALFEN NA

: AALB NA, ADYEN NA, CPINV BB, CMBT BB, GBLB BB, MDXH BB, TESB BB, ALFEN NA

November 7, 2024 November 7, 2024 1 EN

GlobeNewsWire

MDxHealth Reports Results for the Third Quarter and Nine-Month Period Ended September 30, 2024

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November 22, 2024 November 22, 2024 1 EN

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mdxhealth Feedback from strong preliminary Q2 results

We are a financial services provider for several types of professional clients, each with distinct needs.

mdxhealth FIRST LOOK: 3Q24 results come with upgraded FY24 guidance

Morning Notes : AALB NA, ADYEN NA, CPINV BB, CMBT BB, GBLB BB, MDXH BB, TESB BB, ALFEN NA

MDxHealth Reports Results for the Third Quarter and Nine-Month Period Ended September 30, 2024

Bekaert Feedback conference call

Inventiva FIRST LOOK: 3Q24 update holds no surprises, NATiV3 timelines reiterated

Ackermans & van Haaren 3Q FY24: Major Participations Continue To Post Robust Results

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