Levi & Korsinsky notifies investors that it has commenced an investigation into TransMedics Group, Inc. (NASDAQ: TMDX) concerning potential violations of the federal securities laws.
On October 28, 2024, TransMedics reported disappointing financial results for the third quarter of 2024, missing analyst expectations on both the top and bottom lines. Specifically, the Company reported earnings per share (“EPS”) of $0.12, missing EPS expectations of $0.29 by nearly 60%. TransMedics also reported revenue of $108.8 million, falling short of analysts’ $115 million estimate. Following this news, TransMedics stock dropped over 24% in after-hours trading.
If you suffered a loss on your TransMedics Group, Inc. securities and would like to explore a potential recovery under the federal securities laws, submit to us or contact Joseph E. Levi, Esq. via email at [email protected] or call 212-363-7500 to speak to our team of experienced shareholder advocates.
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