Beyond Air® Reports Financial Results for Third Quarter of Fiscal Year 2024
“In the third quarter of fiscal year 2024, we reported solid sequential revenue growth of more than 60% compared with the second quarter.
- “In the third quarter of fiscal year 2024, we reported solid sequential revenue growth of more than 60% compared with the second quarter.
- This increasing demand for our current LungFit PH system was seen even as we prepared to launch a key software update.
- As our inventory of upgraded LungFit PH grows, we expect to be able to meet accelerating demand over the next several quarters.
- General and administrative expenses for the three months ended December 31, 2023 and December 31, 2022 were $9.8 million and $8.9 million, respectively.