Nicely done. Somewhere I heard Joe say that there are approximately 25,000 Neuro surgeries a year and 95% of those happen in the OR. If they can capture only 10% of that with their push into the OR that would be an additional 2,500 procedures per year. The company has only done 8,000 or so in its entire existence of less than 20 years. Bright future.
FNN adoption into the OR is a key area of focus for management. I'll be watching FNN readthrough during Q2 earnings with an expectation of return to growth:
"If you look at our Q1 revenue for navigation and laser disposables, you will see that the segment showed an 18% decline versus prior year. However, if you remove the brain computer interface service revenue, our actual product revenue was pretty much flat. Given the addition of new customers, new operating room navigation and new therapy revenue we expect to return to positive double-digit growth for this segment starting here in the second quarter."
Nicely done. Somewhere I heard Joe say that there are approximately 25,000 Neuro surgeries a year and 95% of those happen in the OR. If they can capture only 10% of that with their push into the OR that would be an additional 2,500 procedures per year. The company has only done 8,000 or so in its entire existence of less than 20 years. Bright future.
Good point, Ralph.
FNN adoption into the OR is a key area of focus for management. I'll be watching FNN readthrough during Q2 earnings with an expectation of return to growth:
"If you look at our Q1 revenue for navigation and laser disposables, you will see that the segment showed an 18% decline versus prior year. However, if you remove the brain computer interface service revenue, our actual product revenue was pretty much flat. Given the addition of new customers, new operating room navigation and new therapy revenue we expect to return to positive double-digit growth for this segment starting here in the second quarter."