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2023-04-13 16:41:01 ET Motus GI ( NASDAQ: MOTS ) on Thursday announced a CEO transition and a restructuring to reduce operating costs. The company, which provides endoscopy solutions, said its CEO Tim Moran would step down. He will remain on the board and has been appointe...
Tim Moran transitions from Chief Executive Officer to Chairman of the Board and Mark Pomeranz appointed Chief Executive Officer to lead next phase of Company Restructuring plan reduces operating expenses by an additional ~25%, extending cash runway to support FDA submission of Pure-Vu...
2023-04-03 01:01:02 ET Motus GI press release ( NASDAQ: MOTS ): Q4 GAAP EPS of -$0.79. Revenue of $0.1M (flat Y/Y). For further details see: Motus GI GAAP EPS of -$0.79, revenue of $0.1M
The Company continues its exploration process to target strategic and financing alternatives aimed at accelerating commercialization of the Pure-Vu System and maximizing stockholder value The Company is actively supporting its existing installed customer base and pipeline opportunities in...
Lake Street Capital Markets LLC engaged to act as an advisor to the Company Board of Directors approved restructuring program with the objective of preserving capital to align with strategic process timeline Management plans to continue providing sales and support for existing P...
Motus GI ( NASDAQ: MOTS ) said on Wednesday that pre-clinical tests showed enhanced functionality of Pure-Vu EVS that can help overcome common visualization challenges encountered during emergency upper GI bleeding procedures. The company said additional pre-clinical and clin...
Pre-clinical tests show enhanced functionality of Pure-Vu EVS that can enable physicians to overcome common visualization challenges encountered during emergency upper GI bleeding procedures Additional pre-clinical and clinical tests of Pure-Vu EVS System are planned in 1H 2023; development p...
Motus GI Holdings, Inc. (MOTS) Q3 2022 Earnings Conference Call November 14, 2022 04:30 PM ET Company Participants Garth Russell - Managing Director-LifeSci Advisors, LLC Tim Moran - Chief Executive Officer Andrew Taylor - Chief Financial Officer Mark Pomeran...
Motus GI press release ( NASDAQ: MOTS ): Q3 GAAP EPS of -$1.69 beats by $0.19 . Revenue of $0.28M (+100.0% Y/Y) misses by $0.05M . For further details see: Motus GI GAAP EPS of -$1.69 beats by $0.19, revenue of $0.28M misses by $0.05M
Pure-Vu EVS approved for use at 25 hospitals since launch in March 2022, resulting in highest quarterly revenue reported in the Company’s history Recently named a Sole Source Supplier by the Department of Veteran’s Affairs, with several VA medical centers execu...
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Successfully ramped up limited U.S. commercial launch of the Pure-Vu ® EVS Gastro and Gen 4 Colon system; Doubled the number of active Pure-Vu System customers ordering disposable sleeves with 100% of onboarded customers using Pure-Vu independently Appointed well-know...
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