The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.

Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.

Revenue growth of 127% was primarily driven by a significant increase in surgical procedure volumes and the integration of the SImmetry+ system acquired last year.

Gross margin expanded by approximately 21 percentage points to 64%, attributed to improved absorption of fixed production overhead and a more streamlined commercial footprint.

Management identifies physician and distributor training as a leading indicator for growth, noting a 98% increase in training events during the first half of 2026.

The commercial strategy focuses on positioning Catamaran and SImmetry+ as complementary tools for inferior, posterior, and lateral approaches to the same anatomy.

Operational efficiency improved through the reclassification of certain Catamaran instruments from disposable to reusable status following a recent FDA 510(k) clearance.

The new Tampa sales and training office has exceeded expectations, contributing to a record case value month in July and a strong start to the third quarter.

Management expects gross margin expansion to continue as revenue increases and fixed costs are further absorbed within the cost of sales.

The company plans to add further sales heads and distributor partners in the second half of the year to support commercial expansion.

An enhanced SImmetry+ system featuring streamlined decortication is scheduled to become clinically active in the third quarter of 2026.

Tenon is nearing an FDA 510(k) filing for a novel posterior approach technology, which is currently finishing testing phases.

A diversified portfolio of sacropelvic technologies is expected to be delivered over the next 6 to 9 months through multiple R&D launches.

A public offering closed on July 1, 2026, generating $4.2 million in gross proceeds to fund commercial expansion, clinical research, and debt repayment.

Net loss for the first six months of the year included $900 thousand of non-cash interest expense. related to the amortization of original issue discounts on convertible notes.

FDA 510(k) clearance received on July 2 for the Catamaran system includes instrument upgrades expected to reduce per-procedure costs starting in Q3.

Operating expenses increased to $4.2 million, primarily due to higher sales and marketing costs associated with revenue growth and increased R&D investment.

One stock. Nvidia-level potential. 30M+ investors trust Moby to find it first. Get the pick. Tap here.

Management confirmed the SImmetry+ platform will see significant enhancements over the next 2 to 6 months, including a new decortication tool in October.

Testing is being finalized for a novel posterior approach technology, with an FDA submission expected in the near future.

The SiVantage portfolio is performing as expected, providing a foundation for lateral oblique procedure growth.

Despite typical summer seasonality, the company is seeing an uptick in training demand due to the immersive environment of the new Tampa facility.

The facility allows physicians to evaluate the full array of technologies, including imaging and navigation, which has driven record training activity.

Management anticipates continued momentum as new product enhancements provide additional reasons for physicians to visit the site.