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Vektor Medical's vMap Surpasses 2,000 Procedures, Driving a New Standard in Arrhythmia Care

Vektor Medical's vMap Surpasses 2,000 Procedures, Driving a New Standard in Arrhythmia Care

Business Wire5 days ago
SAN DIEGO--(BUSINESS WIRE)-- Vektor Medical today announced its vMap ® system has been used in more than 2,000 procedures in the U.S., a milestone that underscores its rapid adoption by electrophysiologists (EPs) and hospitals seeking to improve procedural efficiency, reduce repeat interventions, and deliver better patient outcomes.
As adoption of PFA accelerates, the need for accurate, accessible data is greater than ever. vMap can enhance the impact of PFA by helping EPs identify optimal ablation targets before entering the lab and reiteratively during the procedure.
vMap, developed with AI and designed to localize both focal and fibrillation-type arrhythmias, delivers actionable insights in all four chambers of the heart in less than a minute. Clinical studies have shown that use of vMap is associated with a reduction in procedure time, which may reduce fluoroscopy time and improve safety. vMap integrates seamlessly into existing systems, making it an increasingly valuable solution for electrophysiologists seeking greater efficiency and performance without compromise. vMap is now in use at over 20 hospitals throughout the United States.
'vMap has become an integral part of how I care for patients,' said Dr. Anish Amin, Section Chief, Electrophysiology, OhioHealth Heart and Vascular. 'It's efficient, non-invasive, and delivers insights that enhance every stage of the ablation process from planning through execution. With vMap, I can pinpoint arrhythmia sources faster with greater confidence, treat more accurately, and potentially reduce repeat interventions for patients. I'm looking forward to enrolling patients in the IMPRoVED-AF study, which will further validate the clinical impact of this technology and its potential to transform how we approach AF ablation.'
As adoption of pulsed field ablation (PFA) accelerates, the need for accurate, accessible data is greater than ever. vMap can enhance the impact of PFA by helping EPs identify optimal ablation targets before entering the lab and reiteratively during the procedure. With vMap's rapid, non-invasive ECG-based driver localization, physicians have more information to better target areas of interest, supporting more efficient procedures and unlocking the full potential of PFA.
'This milestone represents meaningful momentum,' said Robert Krummen, CEO of Vektor Medical. 'With every procedure, physicians are leveraging vMap's rapid, non-invasive insights to make informed decisions and streamline care. We're seeing growing demand quarter over quarter as both physicians and hospitals look for ways to enhance efficiency and elevate patient care.'
The vMap system is FDA-cleared and commercially available in the United States. As clinical use continues to expand, Vektor Medical remains focused on advancing the future of arrhythmia care through clinical innovation, strategic partnerships, and physician impact.
To learn more about Vektor Medical, vMap technology, or to request a clinical or strategic briefing, visit www.vektormedical.com and connect with us on LinkedIn and X.
About Vektor Medical
Headquartered in San Diego, Vektor Medical is redefining how arrhythmias are understood and treated. The company developed vMap®, the only FDA-cleared, non-invasive technology that uses standard 12-lead ECG data to localize arrhythmia source locations across all four chambers of the heart. By helping physicians identify arrhythmia drivers more quickly and with greater accuracy, Vektor is improving outcomes, enhancing efficiencies, and accelerating access to effective treatment strategies. To learn more, visit www.vektormedical.com.
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Xperi Inc. Announces Preliminary Second Quarter 2025 Results and Provides Outlook Update
Xperi Inc. Announces Preliminary Second Quarter 2025 Results and Provides Outlook Update

Business Wire

time7 minutes ago

  • Business Wire

Xperi Inc. Announces Preliminary Second Quarter 2025 Results and Provides Outlook Update

SAN JOSE, Calif.--(BUSINESS WIRE)--Xperi Inc. (NYSE: XPER) (the 'Company' or 'Xperi'), an entertainment technology company that invents, develops, and delivers technologies that enable extraordinary experiences, today announced preliminary second quarter 2025 financial results for the period ended June 30, 2025. 'We made significant progress in the quarter toward our strategic growth initiatives. However, as the quarter progressed, the changing macroeconomic environment created increased uncertainty for our customers, ultimately impacting our financial results for the quarter. In light of this market backdrop, we are updating our full year financial outlook,' said Jon Kirchner, chief executive officer of Xperi. Mr. Kirchner continued, 'We remain focused on our growth initiatives and continue to demonstrate progress on our longer-term growth goals. Notably, we surpassed 3.7 million TiVo One Monthly Active Users, three million global IPTV subscriber households, and 12 million vehicles on the DTS AutoStage platform.' 1 The contribution from Perceive, which was divested on October 2, 2024, accounted for approximately $1.9 million of revenue in Q2 FY2024. 2 Attributable to the Company. 3 For further information on supplemental non-GAAP metrics included in this press release, refer to the 'Non-GAAP Financial Measures' description and 'GAAP to Non-GAAP Reconciliations' provided in the financial statement tables. Expand Financial Outlook The Company updates its outlook for fiscal year 2025 as follows: 1 See discussion of 'Non-GAAP Financial Measures' below. 2 With respect to Adjusted EBITDA Margin, the Company has determined that it is unable to provide a quantitative reconciliation of this forward-looking non-GAAP measure to the most directly comparable forward-looking GAAP measure with a reasonable degree of confidence in its accuracy without unreasonable effort, as items including restructuring and impacts from discrete tax adjustments and tax law changes are inherently uncertain and depend on various factors, many of which are beyond the Company's control. Expand Earnings Release The Company will release its complete financial and operating results after the market close on Wednesday August 6, 2025. Safe Harbor Statement This press release contains 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including, without limitation, statements regarding: expectations regarding our future results of operations and financial position, margin expansion and overall growth, including, without limitation, our 2025 financial outlook, profitability target and focus on positive operating cash flow, the deployment by third parties of their products that use our technology, objectives for future operations, and ongoing strategies and operating initiatives, including, without limitation, regarding subscriber and device targets including the number of TiVo One Monthly Active Users, monetization goals and expectations, expansion expectations, our media platform and licensing businesses growth, and other objectives. These forward-looking statements are based on information available to the Company as of the date hereof, as well as the Company's current expectations, assumptions, estimates and projections that involve risks and uncertainties. In some cases, you can identify forward-looking statements by the words 'expect,' 'anticipate,' 'intend,' 'plan,' 'believe,' 'could,' 'seek,' 'see,' 'will,' 'may,' 'would,' 'might,' 'potentially,' 'estimate,' 'continue,' 'target,' 'goal,' and similar expressions or the negatives of these words or other comparable terminology that convey uncertainty of future events or outcomes. These statements involve risks, uncertainties and other factors that may cause actual results, levels of activity, performance, or achievements to be materially different from the information expressed or implied by these forward-looking statements. These risks, uncertainties and other factors are described under the captions 'Risk Factors' and 'Management's Discussion and Analysis of Financial Condition and Results of Operations' in our Annual Report on Form 10-K for the year ended December 31, 2024, filed with the Securities and Exchange Commission (the 'SEC'), as updated in our Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2025 filed with the SEC, and our other filings with the SEC from time to time. Any forward-looking statements speak only as of the date of this press release and are based on information available to the Company as of the date of this press release, and the Company does not assume any obligation to, and does not intend to, publicly provide revisions or updates to any forward-looking statements, whether as a result of new information, future developments or otherwise, should circumstances change, except as otherwise required by securities and other applicable laws. Financial Disclosure Advisory All financial data in this press release is preliminary and represents the most current information available to the Company's management, as financial closing procedures for the quarter ended June 30, 2025 are not yet complete. These estimates are not a comprehensive statement of the Company's financial results for the quarter ended June 30, 2025 and actual results may differ from these estimates as a result of the completion of normal quarter-end accounting procedures and adjustments, as well as the preparation and review of the Company's financial statements for the quarter ended June 30, 2025 and the subsequent occurrence or identification of events prior to the formal issuance of our second quarter financial results. About Xperi Inc. Xperi invents, develops, and delivers technologies that enable extraordinary experiences. Xperi technologies, delivered via its brands (DTS ®, HD Radio™, TiVo ®) are integrated into consumer devices and media platforms worldwide, powering smart devices, connected cars and entertainment experiences, including IMAX ® Enhanced, a certification and licensing program operated by IMAX Corporation and DTS, Inc. Xperi has created a unified ecosystem that reaches highly engaged consumers, driving increased value for partners, customers and consumers. ©2025 Xperi Inc. All Rights Reserved. Xperi, TiVo, DTS, HD Radio and their respective logos are trademark(s) or registered trademark(s) of Xperi Inc. or its subsidiaries in the United States and other countries. IMAX is a registered trademark of IMAX Corporation. All other trademarks and content are the property of their respective owners. Definition for TiVo One Monthly Active User Xperi defines a 'TiVo One Monthly Active User' as a unique device that has connected to the TiVo video service, which includes the TiVo One advertising platform, at least once within the last 30 days. The TiVo One advertising platform integrates with the device's operating system on certain 'Powered by TiVo' devices, including smart TVs and video-over-broadband products. Non-GAAP Financial Measures In addition to disclosing financial results calculated in accordance with U.S. Generally Accepted Accounting Principles ('GAAP'), the Company's press release contains non-GAAP financial measures, including Non-GAAP Operating Income/(Loss), Non-GAAP Net Income/(Loss) attributable to the Company, Non-GAAP Net Income/(Loss) Per Share attributable to the Company, Non-GAAP Adjusted EBITDA, and Non-GAAP Adjusted EBITDA Margin. Non-GAAP Operating Income/(Loss) is defined as GAAP Operating Income/(Loss), less the impact of stock-based compensation; amortization of intangible assets; transaction, integration and restructuring costs; severance and retention costs; and other items not indicative of our ongoing operating performance. Non-GAAP Net Income/(Loss) attributable to the Company is defined as GAAP Net Income/(Loss) attributable to the Company excluding the impact of stock-based compensation; amortization of intangible assets; transaction, integration and restructuring costs; severance and retention costs; and other items not indicative of our ongoing operating performance; and related tax effects for each adjustment. Non-GAAP Net Income/(Loss) Per Share attributable to the Company is defined as Non-GAAP Income/(Loss) attributable to the Company divided by Non-GAAP weighted average shares outstanding - diluted. Non-GAAP Adjusted EBITDA is defined as GAAP Net Income/(Loss), less the impact of interest expense; provision for income taxes; stock-based compensation; depreciation expense; amortization of intangible assets; amortization of capitalized cloud computing costs; transaction, integration and restructuring costs; severance and retention costs; and other items not indicative of our ongoing operating performance. Non-GAAP Adjusted EBITDA Margin is defined as Non-GAAP Adjusted EBITDA divided by total revenue. Management believes that the non-GAAP measures used in this press release provide investors with important perspectives into the Company's ongoing business and financial performance and provide a better understanding of our core operating results reflecting our normal business operations. The non-GAAP financial measures disclosed by the Company should not be considered a substitute for, or superior to, financial measures calculated in accordance with GAAP. Our use of non-GAAP financial measures has certain limitations in that the non-GAAP financial measures we use may not be directly comparable to those reported by other companies. For example, the terms used in this press release, such as adjusted EBITDA, do not have a standardized meaning. Other companies may use the same or similarly named measures, but exclude different items, which may not provide investors with a comparable view of our performance in relation to other companies. We seek to compensate for the limitation of our non-GAAP presentation by providing a detailed reconciliation of the non-GAAP financial measures to the most directly comparable GAAP financial measures in the tables attached hereto. Investors are encouraged to review the related GAAP financial measures and the reconciliation of these non-GAAP financial measures to their most directly comparable GAAP financial measures. 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GAAP TO NON-GAAP RECONCILIATIONS (in thousands, except per share amounts) (unaudited) Three Months Ended June 30, 2025 2024 Reconciliation of net income attributable to the Company: GAAP net loss attributable to the Company $ (14,781 ) $ (30,299 ) Adjustments to GAAP net loss attributable to the Company: Stock-based compensation (1) 10,327 15,303 Amortization of intangible assets 9,144 11,042 Transaction, integration and restructuring related costs: Transaction, integration and restructuring costs (2) 73 4,003 Severance and retention (3) 365 308 Income tax adjustment (4) (280 ) 5,281 Non-GAAP net income attributable to the Company $ 4,848 $ 5,638 (1) Stock-based compensation included in above line items: Cost of revenue, excluding depreciation and amortization of intangible assets $ 844 $ 858 Research and development $ 3,191 $ 5,831 Selling, general and administrative $ 6,292 $ 8,614 (2) Transaction, integration and restructuring costs included in above line items: Selling, general and administrative $ 73 $ 3,588 Interest and other income, net $ — $ 415 (3) Severance and retention included in above line items: Cost of revenue, excluding depreciation and amortization of intangible assets $ — $ 44 Research and development $ 21 $ 146 Selling, general and administrative $ 344 $ 118 (4) The provision for income taxes is adjusted to reflect the net direct and indirect income tax effects of the various non-GAAP pretax adjustments. 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GAAP TO NON-GAAP RECONCILIATIONS (in thousands) (unaudited) Three Months Ended June 30, 2025 2024 GAAP operating loss $ (11,133 ) $ (21,907 ) Adjustments to GAAP operating loss: Stock-based compensation 10,327 15,303 Amortization of intangible assets 9,144 11,042 Transaction, integration and restructuring related costs: Transaction, integration and restructuring costs 73 3,588 Severance and retention 365 308 Non-GAAP operating income $ 8,776 $ 8,334 Expand XPERI INC. GAAP TO NON-GAAP RECONCILIATIONS (in thousands) (unaudited) 2025 2024 GAAP net loss $ (14,781 ) $ (30,631 ) Adjustments to GAAP net loss: Interest expense 915 925 Provision for income taxes 4,636 9,266 Stock-based compensation 10,327 15,303 Depreciation expense 3,448 3,278 Amortization of intangible assets 9,144 11,042 Amortization of capitalized cloud computing costs 1,081 1,124 Transaction, integration and restructuring related costs: Transaction, integration and restructuring costs 73 4,003 Severance and retention 365 308 Non-GAAP Adjusted EBITDA $ 15,208 $ 14,618 Non-GAAP Adjusted EBITDA Margin (1) 14.4 % 12.2 % (1) Non-GAAP Adjusted EBITDA Margin is calculated by dividing Non-GAAP Adjusted EBITDA, derived as above, by the Company's total revenue, expressed as a percentage. Expand

loanDepot Founder and Chairman of the Board Anthony Hsieh Named Permanent CEO
loanDepot Founder and Chairman of the Board Anthony Hsieh Named Permanent CEO

Business Wire

time7 minutes ago

  • Business Wire

loanDepot Founder and Chairman of the Board Anthony Hsieh Named Permanent CEO

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AST SpaceMobile to Provide Quarterly Business Update on August 11, 2025
AST SpaceMobile to Provide Quarterly Business Update on August 11, 2025

Business Wire

time7 minutes ago

  • Business Wire

AST SpaceMobile to Provide Quarterly Business Update on August 11, 2025

MIDLAND, Texas--(BUSINESS WIRE)-- AST SpaceMobile, Inc. ('AST SpaceMobile') (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial and government applications, today announced it will hold a quarterly business update conference call on Monday, August 11 th at 5:00 p.m. (Eastern Time). AST SpaceMobile will be accepting questions from retail and institutional shareholders and management will answer select questions relating to AST SpaceMobile's business and financial results on the conference call. Investors are encouraged to submit questions to investors@ and will also be added to our Investor Relations mailing list. The call will be accessible via a live webcast on the Events page of AST SpaceMobile's Investor Relations website at An archive of the webcast will be available shortly after the call. About AST SpaceMobile AST SpaceMobile is building the first and only global cellular broadband network in space to operate directly with standard, unmodified mobile devices based on our extensive IP and patent portfolio, and designed for both commercial and government applications. Our engineers and space scientists are on a mission to eliminate the connectivity gaps faced by today's five billion mobile subscribers and finally bring broadband to the billions who remain unconnected. For more information, follow AST SpaceMobile on YouTube, X (Formerly Twitter), LinkedIn and Facebook. Watch this video for an overview of the SpaceMobile mission. Forward-Looking Statements This communication contains 'forward-looking statements' that are not historical facts, and involve risks and uncertainties that could cause actual results of AST SpaceMobile to differ materially from those expected and projected. 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