Scott+Scott Attorneys at Law LLP Investors notes that Investing.com began researching TransMedics Group Inc. (™DX).

NEW YORK, NY–( The News File Corp. – Jan 18, 2025 ) – Scott+Scott Attorneys at Law LLP (“Scott+Scott”), a shareholder and consumer litigation firm, is investigating whether TransMedics Group (NASDAQ: is it. Inc. Failed to disclose statements and/or information materials to investors in violation of federal securities laws.

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TransMedics Group operates an organ transplant ecosystem that includes patented technology to store and move organs, services that support transplant centers and medical teams, and a logistics arm that facilitates the entire chain.

On October 28, 2024, the company released its 3Q24 financial results. During the accompanying earnings call, the company revealed that revenue missed estimates by a wide margin and that revenue fell sequentially. On this news, the company’s stock price fell by $39.24, or more than 30%, in high trading on October 29, 2024.

Then, after market hours on December 2, 2024, TransMedics Group issued a press release that, among other things, revealed more information about the company’s expected growth. Specifically, the company lowered its FY24 revenue guidance to $428M and $432M from $425M to $445M. On this news, the company’s stock fell $13.70, or more than 16%, to trade at an unusually high level to close at $71.44 per share on December 3, 2024.

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If you have purchased or held TransMedics Group Securities and suffered a loss, realized or unrealized, and wish to discuss this investigation; Please call attorney Nicholas Bruno at (888) 398-9312 or nbruno@scott-scott.com.

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Scott+Scott has extensive experience in litigating major securities, antitrust and consumer rights cases throughout the United States. The firm represents pension funds, foundations, individuals and other entities with offices in New York, London, Amsterdam, Connecticut, California, Virginia and Ohio.

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To view the source of this press release, please visit https://www.newsfilecorp.com/release/236995.