MARIETTA, Ga., Jan. 22, 2024 (GLOBE NEWSWIRE) -- MiMedx Group, Inc. (NASDAQ:MDXG) ("MIMEDX" or the "Company") today announced that it has enhanced its capital structure by refinancing its existing indebtedness and obtaining additional borrowing capacity in support of the Company's future growth objectives. These new senior secured credit facilities (the "Facilities"), totaling $95 million and due in January 2029, are comprised of a $75 million revolving credit facility and a $20 million term loan facility a ...

MiMedx Group, Inc. (NASDAQ:MDXG) Q3 2023 Earnings Call October 30, 2023 4:30 PM ET Company Participants Matt Notarianni - Head, Investor Relations Joseph H. Capper - Chief Executive Officer Doug Rice - Chief Financial Officer Conference Call Participants Chase Knickerbocker - Craig-Hallum Group Anthony Petrone - Mizuho Group Carl Byrnes - Northland Capital Markets Swayampakula Ramakanth - H.C. Wainwright John Vandermosten - Zacks Operator Good afternoon, and thank you for standing by. Welcome to the MiMedx ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________________to______________________ Commission File Number 001-35887 MIMEDX GROUP, INC. (Exact name of registrant as specified in its charter) Florida 26-2 ...

• Go deeper and wider in Surgical Recovery Demonstrate corporate discipline around expenses 10 Management Team with Track Record of Success in MedTech Eric Smith SVP, Marketing & International BioTelemetry 12 Large and growing market opportunities Appendix Note: Some figures may not add to subtotals due to immaterial rounding differences. | --- | --- | --- | --- | --- | --- | --- | |-------------------------------------------|---------|--------|-------|-------|-------|-------| | ($ millions) | 1Q22 | 2Q22 | ...

MiMedx Group, Inc. (NASDAQ:MDXG) Q2 2023 Earnings Conference Call August 1, 2023 5:00 PM ET Company Participants Matt Notarianni - Head, Investor Relations Joe Capper - Chief Executive Officer Doug Rice - Chief Financial Officer Conference Call Participants Anthony Petrone - Mizuho Group Carl Byrnes - Northland Capital Markets RK - H.C. Wainwright John Vandermosten - Zacks SCR Operator Good afternoon and thank you for standing by. Welcome to the MiMedx Second Quarter 2023 Operating and Financial Results Co ...

Commission File Number 001-35887 MIMEDX GROUP, INC. (Exact name of registrant as specified in its charter) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________________to______________________ Florida 26-279255 ...

Financial Data and Key Metrics Changes - The company reported Q1 2023 net sales of $71.7 million, a nearly 22% increase year-over-year, marking the highest first-quarter performance in five years [51][101] - Gross profit margin improved to 82.7%, with adjusted EBITDA of $5.5 million, a significant turnaround from a loss of $1.7 million a year ago [24][98] - Net loss decreased to $5 million from $10.5 million in the previous year [98] Business Line Data and Key Metrics Changes - The Wound & Surgical segment generated net sales of $70.6 million, reflecting approximately 21% growth, with a contribution margin of 28.5% [69] - The company is focusing on enhancing its product portfolio and expanding geographically, with new products launched contributing to growth [30][55] Market Data and Key Metrics Changes - The company experienced growth across all sites of service, with a notable increase in the private office segment, which had been challenging due to the Medicare reimbursement environment [56] - Initial sales began in Japan, with expectations for adoption to ramp up in the coming months [58] Company Strategy and Development Direction - The company aims to build on its leadership position in the Wound & Surgical markets by enhancing its product offerings and expanding into adjacent markets [55][31] - A focus on expense management and continuous process improvement is emphasized to ensure profitable growth over time [33] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about EBITDA margin improvement as the business scales, driven by the performance of the sales organization [2] - The company anticipates low double-digit topline growth for the foreseeable future, with a cautious approach to expectations due to market dynamics [76][111] Other Important Information - The company is nearing the resolution of legal expenses related to past issues, which is expected to improve capital utilization moving forward [75] - The company has a robust pipeline of new products and continues to invest in innovation to remain competitive [8][132] Q&A Session Summary Question: Topline performance in the quarter - Management noted that approximately 5% of growth was attributed to easier comparisons from the previous year and an extra shipping day [81] Question: Adjusted EBITDA performance - The $5.5 million in adjusted EBITDA was driven by revenue growth and restructuring activities, with expectations for continued improvement in gross margins [87][114] Question: Impact of OIG recommendations - Management acknowledged that the OIG letter may have influenced private practices to avoid certain products, but the full impact is still uncertain [118] Question: New product contributions - New products have been successful and are significant contributors to year-over-year growth, with ongoing investments in research to support this [125][151] Question: Revenue growth in Japan - Initial sales in Japan are expected to grow, with ongoing training for providers to support product adoption [155]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________________to______________________ Commission File Number 001-35887 MIMEDX GROUP, INC. (Exact name of registrant as specified in its charter) Florida 26-27925 ...

MiMedx Group, Inc. (NASDAQ:MDXG) Q4 2022 Results Conference Call February 28, 2023 5:00 PM ET Company Participants Matt Notarianni - Head, IR Joe Capper - CEO Pete Carlson - CFO Conference Call Participants Anthony Petrone - Mizuho Group Carl Byrnes - Northland Capital Markets Swayampakula Ramakanth - H.C. Wainwright John Vandermosten - Zacks Operator Good afternoon, and thank you for standing by. Welcome to the MiMedx Fourth Quarter and Full Year 2022 Operating and Financial Results Conference Call. At thi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________to __________ Commission file number 001-35887 MIMEDX GROUP, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation ...