Hyperfine forecasts higher Q3 revenue, launches share offering

* Hyperfine (NASDAQ:HYPR [https://seekingalpha.com/symbol/HYPR]) said on Wednesday its preliminary third-quarter revenue is expected to rise about 27% sequentially to $3.4 million, driven by strong demand for its next-generation Swoop portable MRI system.
* The Connecticut-based medical imaging company said average device selling prices rose about 36% from the prior quarter to roughly $360,000, with the new model accounting for 63% of the eight commercial units sold.
* Preliminary cash burn fell 27% to about $5.9 million, while cash and equivalents stood at $21.6 million as of Sept. 30.
* The company has also announced plans for a public offering of its Class A common stock.
* The offering’s size and terms were not disclosed.

* HYPR -8.18% after hours to $2.02.
* Source: Press Release [https://seekingalpha.com/pr/20267728-hyperfine-reports-preliminary-unaudited-results-for-third-quarter-2025-signaling-strong]

MORE ON HYPERFINE

* Hyperfine targets 10–20% revenue growth for 2025 following FDA clearances and next-gen Swoop system launch [https://seekingalpha.com/news/4485087-hyperfine-targets-10-20-percent-revenue-growth-for-2025-following-fda-clearances-and-next-gen]
* Seeking Alpha’s Quant Rating on Hyperfine [https://seekingalpha.com/symbol/HYPR/ratings/quant-ratings]
* Historical earnings data for Hyperfine [https://seekingalpha.com/symbol/HYPR/earnings]
* Financial information for Hyperfine [https://seekingalpha.com/symbol/HYPR/income-statement]