Neutral
GlobeNewsWire
23 days ago
Nyxoah Announces Preliminary Results for the Second Quarter of 2026
Nyxoah Announces Preliminary Results for the Second Quarter of 2026 Continued U.S. launch momentum drives second quarter global preliminary net revenue of €7.7 million CMS proposes 2027 OPPS and ASC payment increase of 12% and 15% respectively Mont-Saint-Guibert, Belgium – July 7, 2026, 10:05 pm CET / 4:05 pm ET – Nyxoah SA (Euronext Brussels/Nasdaq: NYXH) (“Nyxoah” or the “Company”), a medical technology company that develops breakthrough treatment alternatives for Obstructive Sleep Apnea (OSA) through neuromodulation, today reported certain preliminary unaudited second quarter 2026 financial and operating results. Second Quarter 2026 – Preliminary Sales and Market Metrics Financials Global net revenue is expected to be approximately €7.7 million in the second quarter of 2026, which reflects 21% sequential growth over the first quarter of 2026 U.S. net revenue is expected to be approximately €5.2 million in the second quarter of 2026, which reflects 22% sequential growth over the first quarter of 2026 Leading U.S. commercial indicators 55 new surgeons trained in Q2, bringing the total to 262 surgeons trained 89 new accounts activated in Q2, bringing the total to 180 active high-volume accounts 427 patients submitted under prior authorization entering Q3 Reimbursement US CMS is proposing to increase hospital reimbursement for the Genio procedure (C8011) from $31,526 to $35,414, representing an increase of $3,888 (12%) CMS is proposing to increase ASC reimbursement from $27,563 to $31,722, an increase of $4,159 (15%) Liquidity $110 million in aggregate financing secured in Q2 As of June 30, 2026, cash, cash equivalents and financial assets are expected to be approximately €97.8 million "We closed Q2 with clear U.S. momentum: the scaling of our U.S. sales force allowed us to double the number of active accounts to 180 high-volume HGNS accounts and deliver a second consecutive quarter of over 20% sequential U.S. revenue growth.