Weekly Update October 28-November 1

TMDX update, NU news, Monthly Summary, and Conviction List

Let’s get right into it!

TransMedics

Well, it was a brutal quarter for TransMedics – I’m not here to sugarcoat it. The plane maintenance and Q3 seasonality resulted in a 5% sequential decline in revenue. Unheard of with the company since it has such a strong value prop and it has been growing 100% YoY for more than two years.

In Q3, however, the company ha…