Beyond Air Reports Record Q2 2027 Revenue and Reaffirms Annual Guidance
Beyond Air (XAIR) reported record quarterly revenue of $2.3 million for the second quarter of 2027, representing a 28% year-over-year increase. The company achieved positive gross profit of $200,000, a significant turnaround from a $300,000 loss in the prior year period, driven by increased demand for its first-generation LungFit PH system and improved operational efficiencies. Despite a net loss of $7.8 million, the company saw improvements in net loss per share compared to last year. Management reaffirmed revenue guidance of $8 million for CY2026 and projected $16 million to $18 million for CY2027, which will include contributions from their upcoming second-generation system. The company is currently navigating a transition period involving FDA reviews for its new platform and the divestiture of its interest in NeuroNOS Israel.
Tickers: $XAIR
Topics: financial guidance gross margin improvement net loss reduction revenue growth