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Investing.com -- Kuros shares rose 2% in Switzerland on Thursday after the company reported strong third-quarter results and raised its full-year guidance.
The company posted nine-month sales up 77% to $101.1 million, while adjusted EBITDA nearly doubled to $12.2 million compared to the same period last year.
Growth momentum remains strong, driven primarily by solid demand for MagnetOs, especially in the United States. The company has also executed well on manufacturing scale-up and expanding its commercial reach.
Kuros raised its 2025 guidance, now expecting at least 70% growth for the year. The fourth quarter is typically the strongest quarter of the year for the company, suggesting Kuros may exceed this new target.
Additional growth factors include the full launch of the MIS system in the United States and progress in international markets, including recent approval in Saudi Arabia.
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