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AtriCure, Inc. (ATRC)

NASDAQ Healthcare Medical - Instruments & Supplies
$54.54 ▲ +2.98%
Market Cap
$2.77B
Sector
Healthcare
Industry
Medical - Instruments & Supplies
Beta
1.26
52-Wk Range
25.36-55.72
CEO
Michael H. Carrel
Country
US
Currency
USD

AtriCure, Inc. operates in the Medical - Instruments & Supplies industry of the Healthcare sector, headquartered in Mason, OH, US. The stock last traded at $54.54, up 2.98% on the session, giving a market capitalisation of $2.77B. On trailing twelve-month figures it carries a trailing P/E of 257.02, a net margin of 1.9%. Its beta of 1.26 implies it has historically moved more than the broad market.

Valuation & profitability (TTM)
P/E
257.02
Price / Sales
4.87
Price / Book
5.12
EV / EBITDA
98.62
Gross margin
76.2%
Operating margin
2.4%
Net margin
1.9%
Return on equity
Debt / equity
0.14
Current ratio
4.22
Dividend yield
0.0%
Payout ratio
0.0%
Company profile
Exchange
NASDAQ Global Market
Employees
1,350
IPO date
2005-08-05
Headquarters
Mason, OH, US
About AtriCure, Inc.

AtriCure, Inc. creates, produces, and markets medical devices for the surgical treatment of cardiac tissue and intercostal nerves. Its market reach spans the United States, Europe, Asia, and other international territories. The company's product line features various ablation technologies. These include Isolator Synergy Clamps, which are single-use radiofrequency products. Its multifunctional pens, such as the MAX Pen, uniquely enable surgeons to evaluate cardiac arrhythmias, conduct temporary pacing, sensing, and stimulation, and perform tissue ablation with a single device. The Coolrail device facilitates the creation of longer linear ablation lines. For varying lengths of linear ablations, the CryoICE Cryoablation System is available. Furthermore, the EPi-Sense Guided Coagulation System is a single-use solution for the treatment of symptomatic, drug-refractory, and long-standing persistent atrial fibrillation. AtriCure also provides systems for cardiac appendage management and soft-tissue closure. The AtriClip System is an implantable device accompanied by a disposable applier, while the LARIAT System offers a suture-based solution for soft-tissue closure, compatible with various anatomical shapes. Additionally, AtriCure offers supplementary surgical tools including Lumitip Dissectors, designed to separate tissues for optimal access, Glidepath guides for precise clamp placement, and Subtle Cannulas facilitating access for EPi-Sense catheters. A suite of reusable cardiac surgery instruments, crucial for procedures involving heart valve repair or replacement, is also available. The company distributes its offerings through a combination of independent distributors and direct sales personnel. Founded in 2000, AtriCure maintains its headquarters in Mason, Ohio.

Comparable companies

AtriCure, Inc. is most often compared with the following Healthcare names:

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