Axogen Q1 Revenue Jumps; Lifts 2026 Revenue Guidance; Stock Up
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Axogen, Inc. (AXGN) reported a 26.6% revenue growth for Q1 2026, reaching $61.46 million, and raised its full-year revenue guidance to at least $270 million. Despite a net loss of $19.58 million, adjusted net income improved to $4.1 million. Following the announcement, AXGN's stock surged 9.02% to $42.94. The company has cash and investments totaling $103.6 million as of March 31, 2026. CEO Michael Dale expressed satisfaction with the company's performance and strategic progress.
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