MiMedx files to sell 5M shares of common stock Canaccord Genuity Inc. is acting as sole book-running manager for the offering and Craig-Hallum Capital Group LLC is acting as lead manager. Northland Capital Markets and Lake Street Capital Markets, LLC are acting as co-managers.
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MiMedx reports Q1 revenue slightly exceeded upper end of guidance Q1 guidance was $18M-$19.5M. Q1 consensus of $19.09M. March revenue, in particular, grew significantly. The company expects a minimal amount of the confusion experienced in the first quarter will continue for a portion of the second quarter and then dissipate during the second quarter.