Daxor Corporation to Report Fiscal Year 2022 Financial Results on Wednesday, March 1, 2023 and Provide Corporate Update

Rhea-AI Summary

Daxor Corporation (Nasdaq: DXR) will report its financial results for the year ending December 31, 2022 on March 1, 2023, after market close. The company will also hold a conference call on March 2, 2023, at 9 AM EST, where President Michael Feldschuh and CFO Robert Michel will discuss the results and ongoing corporate initiatives. Daxor, a leader in blood volume measurement technology, aims to enhance healthcare with its FDA-cleared BVA-100 diagnostic test, which has significantly impacted patient outcomes in heart failure and critical care. The company is conducting multicenter trials supported by the NIH, focusing on COVID-19 and heart failure treatment.

Positive

• Daxor's BVA-100 test has performed over 60,000 tests, improving patient outcomes.
• Ongoing multicenter trials supported by NIH indicate strong research backing.

Negative

• None.

Conference Call to be held at 9 AM EST March 2, 2023

Oak Ridge, TN, March 01, 2023 (GLOBE NEWSWIRE) -- Daxor Corporation (Nasdaq: DXR), the global leader in blood volume measurement technology, will report financial results for the full year ending December 31, 2022 on Wednesday, March 1, 2023 after the stock market close, and host a conference call on Thursday, March 2, 2023 at approximately 9:00 a.m. EST.

President and CEO Michael Feldschuh and CFO Robert Michel will also host a conference call at 9:00 a.m. EST on Thursday, March 2, 2023 to review financial results and provide an update on corporate developments. Following management’s formal remarks, there will be a question-and-answer session. Investors are invited to submit questions in advance to the following email address: info@daxor.com.

To listen to the conference call, interested parties within the U.S. can dial toll-free 800-245-3047. Participant direct and International callers may dial in at 203-518-9765. All callers should dial in approximately 15 minutes prior to the scheduled start time and join the Daxor Corporation conference call using the conference ID: DAXOR.

The webcast replay will be available on the Company’s website at Daxor.com.

About Daxor Corporation

Daxor Corporation (Nasdaq: DXR), is the global leader in blood volume measurement technology focused on blood volume testing innovation. We developed and market the BVA-100^® (Blood Volume Analyzer), the first diagnostic blood test cleared by the FDA to provide safe, accurate, objective quantification of blood volume status and composition compared to patient-specific norms. Over 60,000+ tests have been performed at leading hospital centers across the U.S., enhancing hospital performance metrics in a broad range of surgical and medical conditions, including significantly reducing mortality and readmissions in heart failure and critical care. Daxor has several ongoing multicenter trials in the areas of COVID-19 and heart failure treatment with support from the NIH and is under contract developing analyzers to improve combat casualty care with the U.S. Department of Defense. Daxor's mission is to advance healthcare by enabling optimal fluid management with blood volume analysis. Daxor’s vision is optimal blood volume for all. For more information, please visit our website at Daxor.com.

Forward-Looking Statements

Certain statements in this release may include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including without limitation, statements regarding the impact of hiring sales staff and expansion of our distribution channels. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this release, including, without limitation, those risk associated with our post-market clinical data collection activities, benefits of our products to patients, our expectations with respect to product development and commercialization efforts, our ability to increase market and physician acceptance of our products, potentially competitive product offerings, intellectual property protection, FDA regulatory actions, our ability to integrate acquired businesses, our expectations regarding anticipated synergies with and benefits from acquired businesses, and additional other risks and uncertainties described in our filings with the SEC. Forward-looking statements speak only as of the date when made. Daxor does not assume any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Investor Relations Contact:
Bret Shapiro
Sr. Managing Partner, CORE IR
1-516-222-2560
brets@coreir.com

FAQ

When will Daxor Corporation report its financial results for 2022?

Daxor Corporation will report its financial results for 2022 on March 1, 2023, after market close.

What will Daxor discuss in the March 2, 2023 conference call?

Daxor will discuss its financial results and provide updates on corporate developments during the conference call on March 2, 2023.

How can investors participate in Daxor's conference call?

Investors can participate by dialing 800-245-3047 (toll-free) in the U.S. or 203-518-9765 for international calls, and joining 15 minutes before the call.

What is the focus of Daxor's ongoing multicenter trials?

Daxor's ongoing multicenter trials focus on COVID-19 and heart failure treatment.