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Carrot Medical Posts Strong First Half Financials

Carrot Medical’s Q2 2016 revenue increased by 15% compared to the same period in 2015. On the year-to-date basis, revenue in 2016 grew by 25%, gross profit improved by 19% and EBITDA increased by 100% compared to 2015. “For the second straight year Carrot Medical will carry quite a bit of momentum into the second half of the year,” said Nicole Ressler, Carrot Medical's CFO. “All of our financial gauges are positive and continue to move in the right direction. This is largely due to growing market demand for Carrot’s Platforms and streamlining our direct and channel sales.”...

Carrot Medical’s Q2 2016 rev...

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Carrot Medical with a Second Consecutive Year of Significant First Half Growth

Carrot Medical had strong Q2 sales of all three platforms (C-View, C-Suite and C-Com) with the industry leading C-View platform setting the pace. The preliminary first half revenue number shows a 25% growth over the first half of 2015. “As we have previously stated, 2015 was a banner year for Carrot and with our current line of sight, we anticipate continued healthy growth in 2016 as well,” said Jeremy Wiggins, Carrot Medical CEO. “Carrot continues to stay the course offering state-of-the-art audio, visual and digital video streaming technology to interventional labs that require their suites to be retrofitted in the most cost effective manner possible.”...

Carrot Medical had strong Q2 s...

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Carrot Medical to Post Strong April Revenue Results | Robust Start to Q2

Preliminary April 2016 top-line revenue reports show a 172% increase over April 2015. “For the second straight year Carrot Medical anticipates favorable Q2 financial results across the board,” said Jeremy Wiggins, Carrot Medical CEO. “As we have noted - 2015 was a banner year for Carrot and so far 2016 is looking even more promising in terms of Revenue, Margins, and EBITDA. The mountain clearly gets steeper as the year progresses but the response from the interventional market to Carrot’s solutions and services continues to be extremely positive.”...

Preliminary April 2016 top-lin...

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Carrot Medical and Mentice at the Heart Rhythm Society (HRS) Meeting

Carrot Medical is pleased to announce that Mentice will be in the Carrot booth (#913) at the HRS Meeting in San Francisco. Carrot and Mentice share a common goal in terms of constantly improving Interventional Cardiology workflow and productivity. Mentice is setting new standards for adoption of interventional skills so the partnership with Carrot is a natural fit. Mentice simulation technology will be displayed on the industry leading C-View Pro display in stunning UltraHD (4K) at the HRS....

Carrot Medical is pleased to a...

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Carrot Medical Closes Record C-View (Large Display) Order

Carrot Medical announces a record order for (4) C-View Systems with a single purchase order. The company has sold more than (4) C-View Systems to various hospitals in the US but has never sold (4) C-View Systems at one time. “This order is clearly significant and will position us nicely for the 2nd quarter,” said Nicole Ressler, Carrot Medical CFO. “Following a strong Q1 - we continue to be encouraged by our sales pipeline and how 2016 is shaping up so far.”...

Carrot Medical announces a rec...

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Carrot Medical to Attend the 37th Annual Heart Rhythm Society (HRS) Meeting

Please join Carrot Medical in Booth #913 at the Heart Rhythm Society (HRS) Meeting, May 4th - 6th, in San Francisco, CA.  Carrot Medical is the only company focused on synchronizing critical audio and visual data - as well as clinical team activities - in the EP Lab. Carrot will be showcasing their industry leading Platforms: C-View Pro, C-Suite 2.0 and C-Com. Let Carrot show you how we can cost effectively retrofit your EP Lab - and extend its useful life – while dramatically improving the lab workflow and productivity....

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Carrot Medical Closes Another Strong Q1 | Planning for a Robust 2016

Carrot Medical is pleased to report a solid finish to Q1, 2016. Key financial metrics (Revenue, Gross Profit, and EBITDA) were all favorable. Comparing Q1, 2016 to Q1, 2015 - Revenue increased by 48%, Gross Profit grew by 49% and EBITDA improved by 26%. “2015 was a banner year for Carrot Medical so it’s obviously very encouraging to see that Carrot is already posting excellent results for the first quarter,” said Jeremy Wiggins, Carrot Medical CEO. “Carrot remains the undisputed leader in retrofitting interventional labs with the most advanced audio and visual synchronization tools. This is Carrot’s sole focus and we are not distracted. We provide the best solutions and services for our partners and customers. With our current line...

Carrot Medical is pleased to r...

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Carrot Medical In South Africa

Carrot Medical just received an order for its industry leading C-Com Wireless Communication System in South Africa. The customer had visited the Carrot booth at the 2015 Heart Rhythm Society (HRS) meeting and was impressed with C-Com’s overall quality and capability to enhance the workflow in the interventional lab. “Carrot has sold various products internationally, but primarily in Europe,” said Jeremy Wiggins, Carrot Medical CEO. “This deal is unique because it’s our first product placement in South Africa and the deal was actually brokered by Siemens Healthcare.”...

Carrot Medical just received a...

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Carrot Medical Completes Installation at Major Academic Medical Center

In July of last year Carrot Medical announced a project with Duke that consisted of a total of (8) rooms - (3) EP Labs and (5) Cath Labs in the Interventional Cardiology Department. The three EP Labs now have the C-View Pro (Large Displays), C-Suite (Recording & Streaming) as well as C-Com Wireless Communication Systems installed. The five Cath Labs all have C-Suite functionality now as well. “This was significant installation project that we believe will advance the treatment and medical education missions of Duke Health,” said Jeremy Wiggins, Carrot Medical CEO....

In July of last year Carrot Me...

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Carrot Medical Finishes EBITDA Positive and Posts Record 2015 Results!

Carrot Medical - the leader in advanced audio, visual and IT solutions for Interventional Labs - is pleased to report preliminary 2015 numbers that equate to a record year. Key financial metrics for the fourth quarter - and fiscal year 2015 - were all favorable once again. Comparing Q4, 2015 to Q4, 2014, revenue increased by 25% and gross profit improved by 27%. On the year-over-year basis, revenue also increased by 51% and gross profit grew by 25% in 2015 compared to 2014. Additionally, OPEX decreased by 9% and EBITDA improved by 105% in 2015 compared to the same period in 2014. “The big story for Carrot Medical in 2015 was running the business profitably for the first time in the history of the...

Carrot Medical - the leader in...

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