IPO Year:
Exchange: NASDAQ
Date | Price Target | Rating | Analyst |
---|---|---|---|
3/11/2022 | $13.00 → $9.00 | Outperform | Raymond James |
11/15/2021 | $20.00 | Outperform | Evercore ISI Group |
10/27/2021 | $12.00 | Buy | BTIG Research |
10/25/2021 | $13.00 | Outperform | Raymond James |
Raymond James reiterated coverage of LumiraDx with a rating of Outperform and set a new price target of $9.00 from $13.00 previously
Evercore ISI Group initiated coverage of LumiraDx with a rating of Outperform and set a new price target of $20.00
BTIG Research initiated coverage of LumiraDx with a rating of Buy and set a new price target of $12.00
Raymond James initiated coverage of LumiraDx with a rating of Outperform and set a new price target of $13.00
LONDON, Jan. 05, 2024 (GLOBE NEWSWIRE) -- LumiraDx Limited (NASDAQ:LMDX)(the "Company") today announced that it has received notification from The Nasdaq Stock Market LLC ("Nasdaq") that its securities will be suspended from trading at the open of business on January 9, 2024 as a result of the Company's failure to maintain compliance with Nasdaq's continued listing standards. As previously disclosed, on October 24, 2023, the Company received a notice from Nasdaq's Listing Qualifications Department (the "Staff") stating that the Company's securities were subject to delisting from The Nasdaq Global Market due to a failure to maintain compliance with the minimum bid price requirement of Nasd
LONDON, Dec. 29, 2023 (GLOBE NEWSWIRE) -- LumiraDx Limited (NASDAQ:LMDX) (the "Company"), a next generation point of care diagnostics company, announced today the appointment of joint administrators for two of its subsidiaries. The administrators have signed a definitive agreement to sell certain companies of the LumiraDx group related to LumiraDx's innovative point of care technology to Roche. The Company announced today that Andrew Johnson, Lisa Rickelton and Lindsay Hallam of FTI Consulting LLP have been appointed as joint administrators of two of its subsidiaries, LumiraDx Group Limited and LumiraDx International Limited, which together hold substantially all of the assets of the Lumi
LONDON, Aug. 24, 2023 (GLOBE NEWSWIRE) -- LumiraDx Limited (NASDAQ:LMDX), a next-generation point of care (POC) diagnostics company, today announced financial results for its second quarter ended June 30, 2023. Second quarter 2023 revenues of $21.0 millionSubmitted First 510(k) Application to the U.S. Food and Drug Administration (FDA) for 5-minute COVID Ultra testSubmitted COVID/Flu combo test for FDA Emergency Use Authorization (EUA) as part of the NIH's Independent Test Assessment (ITAP) programMore than 1,500 new instruments shipped in Q2, primarily to U.S. pharmacy locations to expand testing capacity for the upcoming respiratory season Ron Zwanziger, Chairman and CEO of LumiraD
LONDON, Aug. 16, 2023 (GLOBE NEWSWIRE) -- LumiraDx Limited (Nasdaq: LMDX), a next-generation point of care (POC) diagnostics company, announced it will release its second quarter financial results on Thursday, August 24, 2023. On the day of the release, LumiraDx will host a conference call and webcast at 8:30 AM Eastern Time to review the financial results and business highlights. LumiraDx Second Quarter 2023 Financial Results Conference Call Date:Thursday, August 24, 2023Time:8:30 AM Eastern Time Live Call/Webcast: Register to join by phone here. View webcast: https://investors.lumiradx.com/news-and-events/investor-calendar A replay of the webcast will be available on the Inv
LONDON, May 16, 2023 (GLOBE NEWSWIRE) -- LumiraDx Limited (NASDAQ:LMDX), a next-generation point of care (POC) diagnostics company, today announced financial results for its first quarter ended March 31, 2023. First quarter 2023 revenues of $22.2 million.Cost reduction programs implemented across the global organization resulting in declining operating losses.US Clinical Studies for first 510K submission completed.More than 100 customers in the first full launch quarter for the world's first quantitative finger stick NT-proBNP assay. Ron Zwanziger, Chairman and CEO of LumiraDx, stated, "Our transition to non-COVID is beginning to develop, especially with the commercial launches of HbA1c
LONDON, May 09, 2023 (GLOBE NEWSWIRE) -- LumiraDx Limited (Nasdaq: LMDX), a next-generation point of care (POC) diagnostics company, announced it will release its first quarter financial results on Tuesday, May 16th, 2023. On the day of the release, LumiraDx will host a conference call and webcast at 8:30 AM Eastern Time to review the financial results and business highlights. LumiraDx First Quarter 2023 Financial Results Conference Call Date:Tuesday, May 16, 2023Time:8:30 AM Eastern TimeLive Call/Webcast: Register to join by phone here. View webcast: https://investors.lumiradx.com/news-and-events/investor-calendar A replay of the webcast will be available on the Investors sectio
LONDON, March 21, 2023 (GLOBE NEWSWIRE) -- LumiraDx Limited (NASDAQ:LMDX), a next-generation point of care (POC) diagnostics company, today announced financial results for its fourth quarter and full year ended December 31, 2022. Full year 2022 revenues of $254.5 million.Q4 2022 revenue of $41.1 million compared to Q3 2022 revenue of $42.2 million; strong position in a changing COVID testing market.Increased our installed base by more than 1,500 Platform instruments, primarily in Europe, driven by new product sales in diabetes, inflammation, heart failure and respiratory disease. Demonstrating Platform consolidation strategy in UK and Germany. Commenced commercial shipments of
LONDON, March 14, 2023 (GLOBE NEWSWIRE) -- LumiraDx Limited (Nasdaq: LMDX), a next-generation point of care (POC) diagnostics company, announced it will release its fourth quarter and full year 2022 financial results on Tuesday, March 21st, 2023. On the day of the release, LumiraDx will host a conference call and webcast at 8:30 AM Eastern Time to review the financial results and business highlights. LumiraDx Fourth Quarter and Full Year 2022 Financial Results Conference Call Date:Tuesday, March 21, 2023Time:8:30 AM Eastern TimeLive Call/Webcast:Register to join by phone here. View webcast:https://investors.lumiradx.com/news-and-events/investor-calendar A replay of the webcast will b
LONDON, Nov. 09, 2022 (GLOBE NEWSWIRE) -- LumiraDx Limited (NASDAQ:LMDX), a next-generation point of care (POC) diagnostics company, today announced operational and financial results for the third quarter ended September 30, 2022. Q3 2022 revenue of $42.2 million compared to Q2 2022 revenue of $44.7 million and Q3 2021 revenue of $109.1 million; strong position in a changing COVID testing marketGlobal restructuring plan on track with cost-saving initiatives implemented of $18 million per quarterCommercializing newly CE marked products in Europe and international markets: HbA1c, NT-ProBNP, SARS-CoV-2 Ag Ultra, Ultra Pool, and SARS-CoV-2 & RSV comboDiabetes test shipments commence
LONDON, Nov. 02, 2022 (GLOBE NEWSWIRE) -- LumiraDx Limited (Nasdaq: LMDX), a next-generation point of care (POC) diagnostics company, announced it will release its third quarter financial results on Wednesday, November 9th, 2022. On the day of the release, LumiraDx will host a conference call and webcast at 8:00 AM Eastern Time to review the financial results and business highlights. LumiraDx Third Quarter 2022 Financial Results Conference CallDate:Wednesday, November 9, 2022Time:8:00 AM Eastern Time Live Call/Webcast: Register to join by phone here. View webcast: https://investors.lumiradx.com/news-and-events/investor-calendar A replay of the webcast will be available on the Inv
LONDON, Aug. 11, 2022 (GLOBE NEWSWIRE) -- LumiraDx Limited (Nasdaq: LMDX), a next-generation point of care (POC) diagnostics company, announced it will release its second quarter financial results on Thursday, August 18th, 2022. On the day of the release, LumiraDx will host a conference call and webcast at 8:00 AM Eastern Time to review the financial results and business highlights. LumiraDx Second Quarter 2022 Financial Results Conference CallDate:Thursday, August 18, 2022Time:8:00 AM Eastern Time Live Call/Webcast: Register to join by phone here.https://investors.lumiradx.com/news-and-events/investor-calendar A replay of the webcast will be available on the Investor's section of t
Strong Growth in Instruments Delivered to Customers and Continued Innovation on our Platform LONDON, May 11, 2022 /PRNewswire/ -- LumiraDx Limited (NASDAQ:LMDX), a next-generation point of care (POC) diagnostics company, today announced financial and operational results for the first quarter ended March 31, 2022. For the first three months of 2022, LumiraDx revenue was $126.4 million compared to $106.9 million for the first quarter of 2021Customer install base grew to 25,000 Platforms compared to 21,000 at year-end 2021, lead by new instrument placements with U.S. customersQ1
LONDON, Jan. 05, 2024 (GLOBE NEWSWIRE) -- LumiraDx Limited (NASDAQ:LMDX)(the "Company") today announced that it has received notification from The Nasdaq Stock Market LLC ("Nasdaq") that its securities will be suspended from trading at the open of business on January 9, 2024 as a result of the Company's failure to maintain compliance with Nasdaq's continued listing standards. As previously disclosed, on October 24, 2023, the Company received a notice from Nasdaq's Listing Qualifications Department (the "Staff") stating that the Company's securities were subject to delisting from The Nasdaq Global Market due to a failure to maintain compliance with the minimum bid price requirement of Nasd
LONDON, Dec. 29, 2023 (GLOBE NEWSWIRE) -- LumiraDx Limited (NASDAQ:LMDX) (the "Company"), a next generation point of care diagnostics company, announced today the appointment of joint administrators for two of its subsidiaries. The administrators have signed a definitive agreement to sell certain companies of the LumiraDx group related to LumiraDx's innovative point of care technology to Roche. The Company announced today that Andrew Johnson, Lisa Rickelton and Lindsay Hallam of FTI Consulting LLP have been appointed as joint administrators of two of its subsidiaries, LumiraDx Group Limited and LumiraDx International Limited, which together hold substantially all of the assets of the Lumi
LONDON, Oct. 27, 2023 (GLOBE NEWSWIRE) -- On October 24, 2023, LumiraDx Limited (NASDAQ:LMDX)(the "Company") received a notice ("Notice") from the Listing Qualifications Department (the "Staff") of The Nasdaq Stock Market LLC ("Nasdaq") stating that on April 21, 2023, the Staff had notified the Company that the bid price of its listed securities had closed at less than $US1.00 per share over the previous 30 consecutive business days, and, as a result, did not comply with Listing Rule 5450(a)(1) (the "Minimum Bid Requirement"). Therefore, in accordance with Listing Rule 5810(c)(3)(A), the Company was provided 180 calendar days, or until October 18, 2023, to regain compliance with the Minimu
Made possible thanks to unrestricted grant funding from AstraZeneca and run by the official charity of Everton Football Club – Everton in the Community – the Liverpool-based hub will provide significant support for individuals suffering from chronic breathlessness and other heart and lung-related conditions in a community-based setting.The LumiraDx NT-proBNP test is the only NT-proBNP test currently available that can be used with a simple fingerstick sample.Run on the LumiraDx Platform, the LumiraDx NT-proBNP test is a smart, automated, highly portable diagnostic solution designed to improve access and ease of use for heart health checks, all within 12 minutes.Covering multiple clinical are
LONDON, Aug. 24, 2023 (GLOBE NEWSWIRE) -- LumiraDx Limited (NASDAQ:LMDX), a next-generation point of care (POC) diagnostics company, today announced financial results for its second quarter ended June 30, 2023. Second quarter 2023 revenues of $21.0 millionSubmitted First 510(k) Application to the U.S. Food and Drug Administration (FDA) for 5-minute COVID Ultra testSubmitted COVID/Flu combo test for FDA Emergency Use Authorization (EUA) as part of the NIH's Independent Test Assessment (ITAP) programMore than 1,500 new instruments shipped in Q2, primarily to U.S. pharmacy locations to expand testing capacity for the upcoming respiratory season Ron Zwanziger, Chairman and CEO of LumiraD
LONDON, Aug. 16, 2023 (GLOBE NEWSWIRE) -- LumiraDx Limited (Nasdaq: LMDX), a next-generation point of care (POC) diagnostics company, announced it will release its second quarter financial results on Thursday, August 24, 2023. On the day of the release, LumiraDx will host a conference call and webcast at 8:30 AM Eastern Time to review the financial results and business highlights. LumiraDx Second Quarter 2023 Financial Results Conference Call Date:Thursday, August 24, 2023Time:8:30 AM Eastern Time Live Call/Webcast: Register to join by phone here. View webcast: https://investors.lumiradx.com/news-and-events/investor-calendar A replay of the webcast will be available on the Inv
Partnership between LumiraDx and Axonlab will allow Axonlab to sell the unique LumiraDx Point of Care testing solution and give LumiraDx the ability to expand the reach of the LumiraDx Platform and tests.The agreement combines Axonlab's strong, direct and established commercial network with LumiraDx´s state-of-the-art rapid diagnostic system, allowing a wider range of customers and patients to benefit from the capabilities of the product.The LumiraDx Platform already allows high sensitivity testing of NT-proBNP, HbA1c, CRP, D-Dimer, INR, Flu A/B, RSV and SARS-CoV-2 while further tests including molecular assays and a high-sensitivity Troponin I test are in final stages of development. LONDO
LONDON, June 30, 2023 (GLOBE NEWSWIRE) -- LumiraDx Limited (NASDAQ:LMDX), a leading innovator in diagnostic technologies, today announced the submission of its first 510(k) application to the U.S. Food and Drug Administration (FDA) for the clearance of its ground-breaking 5-minute COVID Ultra Test. LumiraDx submitted a traditional 510(k) Dual Submission for LumiraDx SARS-CoV-2 Ag Ultra with CLIA Waiver for the commercial distribution at point of care of the LumiraDx Platform, including the LumiraDx Instrument, with the LumiraDx SARS-CoV-2 Antigen (Ag) Ultra test, and the LumiraDx SARS-CoV-2 Ag Quality Control Swab Kit. This significant milestone marks a crucial step forward in continued a
LumiraDx SARS-CoV-2 Ag Ultra & SARS-CoV-2 Ag & RSV tests have been successfully validated by the Medicines and Healthcare products Regulatory Agency (MHRA) under the Coronavirus Test Device Approvals (CTDA) process.These assays join the LumiraDx SARS-CoV-2 Ag and SARS-CoV-2 Ag & Flu A/B assays which have already been validated through the CTDA process. This portfolio of tests enables clinicians to identify and differentiate patients, optimise clinical workflows and help triage patients without delay.These assays are available on the LumiraDx Platform, with innovative strip design and microfluidic immunofluorescence technology, enabling rapid results without sacrificing sensitivity. LONDO
LONDON, May 16, 2023 (GLOBE NEWSWIRE) -- LumiraDx Limited (NASDAQ:LMDX), a next-generation point of care (POC) diagnostics company, today announced financial results for its first quarter ended March 31, 2023. First quarter 2023 revenues of $22.2 million.Cost reduction programs implemented across the global organization resulting in declining operating losses.US Clinical Studies for first 510K submission completed.More than 100 customers in the first full launch quarter for the world's first quantitative finger stick NT-proBNP assay. Ron Zwanziger, Chairman and CEO of LumiraDx, stated, "Our transition to non-COVID is beginning to develop, especially with the commercial launches of HbA1c
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Gainers Syra Health (NASDAQ:SYRA) shares rose 21.2% to $1.5 during Monday's after-market session. The market value of their outstanding shares is at $9.6 million. Universe Pharmaceuticals (NASDAQ:UPC) stock moved upwards by 13.15% to $2.58. The market value of their outstanding shares is at $9.3 million. MaxCyte (NASDAQ:MXCT) shares rose 10.23% to $5.06. The company's market cap stands at $524.0 million. Elevation Oncology (NASDAQ:ELEV) shares rose 7.73% to $1.95. The market value of their outstanding shares is at $82.7 million. MSP Recovery (NASDAQ:LIFW) stock increased by 5.82% to $2.0. The market value of their outstanding shares is at $28.8 million. BrainsWay (NASDAQ:BWAY) stock mo
U.S. stocks traded higher toward the end of trading, with the Dow Jones index gaining more than 100 points on Monday. The Dow traded up 0.35% to 37,596.43 while the NASDAQ rose 1.89% to 14,799.21. The S&P 500 also rose, gaining, 1.11% to 4,749.41. Check This Out: Don't Miss These 3 Consumer Stocks With Over 3% Dividend Yields From Wall Street's Most Accurate Analysts Leading and Lagging Sectors Information technology shares jumped by 2.1% on Monday. In trading on Monday, energy shares fell by 2.1%. Top Headline Commercial Metals Company (NYSE:CMC) posted upbeat earnings for its first quarter on Monday. Commercial Metals posted adjusted earnings of $1.63 per share, beatin
Shares of RxSight, Inc. (NASDAQ:RXST) rose sharply during Monday’s session after the company issued preliminary FY23 and FY24 revenue guidance above estimates. Also, Needham maintained a Buy rating on the stock and raised its price target from $35 to $41. RxSight shares jumped 20% to $44.31 on Monday. Here are some other stocks moving in today's mid-day session. Gainers Harpoon Therapeutics, Inc. (NASDAQ:HARP) shares jumped 111.2% to $22.28 after Merck announced it will acquire the company for $23 per share in cash. Ambrx Biopharma Inc. (NASDAQ:AMAM) jumped 98.1% to $27.00 after Johnson & Johnson announced it will acquire the company in an all-cash merger for a total equity value
Gainers Harpoon Therapeutics (NASDAQ:HARP) stock moved upwards by 112.4% to $22.41 during Monday's regular session. The market value of their outstanding shares is at $379.3 million. Ambrx Biopharma (NASDAQ:AMAM) stock increased by 100.07% to $27.27. The market value of their outstanding shares is at $1.7 billion. Nkarta (NASDAQ:NKTX) shares moved upwards by 52.14% to $9.22. The market value of their outstanding shares is at $452.4 million. Universe Pharmaceuticals (NASDAQ:UPC) stock increased by 38.31% to $2.31. The market value of their outstanding shares is at $8.3 million. Elevation Oncology (NASDAQ:ELEV) stock moved upwards by 36.06% to $1.19. The company's market cap stands at $50
U.S. stocks traded mixed midway through trading, with the Nasdaq Composite gaining more than 1% on Monday. The Dow traded down 0.19% to 37,396.28 while the NASDAQ rose 1.20% to 14,698.88. The S&P 500 also rose, gaining, 0.55% to 4,722.93. Check This Out: Don't Miss These 3 Consumer Stocks With Over 3% Dividend Yields From Wall Street's Most Accurate Analysts Leading and Lagging Sectors Information technology shares jumped by 2% on Monday. In trading on Monday, energy shares fell by 2.2%. Top Headline Commercial Metals Company (NYSE:CMC) posted upbeat earnings for its first quarter on Monday. Commercial Metals posted adjusted earnings of $1.63 per share, beating market es
U.S. stocks traded mixed this morning, with the Nasdaq Composite gaining around 100 points on Monday. Following the market opening Monday, the Dow traded down 0.45% to 37,296.85 while the NASDAQ rose 0.75% to 14,632.70. The S&P 500 also rose, gaining, 0.26% to 4,709.31. Check This Out: Don't Miss These 3 Consumer Stocks With Over 3% Dividend Yields From Wall Street's Most Accurate Analysts Leading and Lagging Sectors Information technology shares jumped by 1.1% on Monday. In trading on Monday, energy shares fell by 2.7%. Top Headline Commercial Metals Company (NYSE:CMC) posted upbeat earnings for its first quarter on Monday. Commercial Metals posted adjusted earnings of
Shares of LumiraDx Limited (NASDAQ:LMDX) shares fell sharply in pre-market trading. LumiraDx announced its securities will be suspended from trading on Nasdaq at the open of business on Jan. 9th. LumiraDx shares dipped 30.5% to $0.0239 in pre-market trading. Here are some other stocks moving in pre-market trading. Gainers Harpoon Therapeutics, Inc.(NASDAQ:HARP) gained 98.6% to $20.95 in pre-market trading. Bloomberg reported that Merck is in advanced talks to buy Harpoon Therapeutics for $23 per share. Vincerx Pharma, Inc. (NASDAQ:VINC) shares rose 56.3% to $1.86 in pre-market trading after the company announced compelling clinical efficacy of enitociclib in combination with veneto
Gainers Harpoon Therapeutics (NASDAQ:HARP) stock increased by 110.9% to $22.25 during Monday's pre-market session. The company's market cap stands at $376.7 million. Ambrx Biopharma (NASDAQ:AMAM) stock rose 101.76% to $27.5. The market value of their outstanding shares is at $1.7 billion. Vincerx Pharma (NASDAQ:VINC) shares moved upwards by 52.54% to $1.8. The company's market cap stands at $38.4 million. Ampio Pharmaceuticals (AMEX:AMPE) stock rose 27.52% to $2.27. The company's market cap stands at $1.8 million. Cyclacel Pharmaceuticals (NASDAQ:CYCC) stock increased by 25.7% to $3.13. The market value of their outstanding shares is at $3.1 million. Axonics (NASDAQ:AXNX) shares rose 2
LumiraDx Limited (NASDAQ:LMDX)(the "Company") today announced that it has received notification from The Nasdaq Stock Market LLC ("Nasdaq") that its securities will be suspended from trading at the open of business on January 9, 2024 as a result of the Company's failure to maintain compliance with Nasdaq's continued listing standards. As previously disclosed, on October 24, 2023, the Company received a notice from Nasdaq's Listing Qualifications Department (the "Staff") stating that the Company's securities were subject to delisting from The Nasdaq Global Market due to a failure to maintain compliance with the minimum bid price requirement of Nasdaq's continued listing standards. The Company