Axogen Q3 Adjusted Net Income, Revenue Increase; 2026 Revenue Guidance Lifted; Shares Rise

09:33 AM EDT, 10/28/2026 (MT Newswires) -- Axogen (AXGN) shares were up more than 21% in early trading Wednesday after the company reported higher Q3 financial results and raised its full-year revenue guidance. The company reported Q3 adjusted net income of $0.21 per diluted share, up from $0.12 a year earlier. Analysts polled by FactSet expected $0.13. Revenue for the quarter ended Sept. 30 was $75.8 million, up from $60.1 million a year earlier. Analysts expected $73.2 million. The company said it now expects full-year 2026 revenue of at least $290 million, up from previous guidance of at least $279 million. Analysts expect $283.8 million.