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Eargo and VARTA Empower Better Hearing Through all New Eargo 5 Hearing Aid
EargoJuly 21, 2021 GMT
SAN JOSE, Calif., July 21, 2021 (GLOBE NEWSWIRE) Eargo, Inc. (Nasdaq: EAR) a medical device company on a mission to improve the quality of life for people with hearing loss, has collaborated with battery maker VARTA AG to power the recently released Eargo 5, Eargo’s smallest and most advanced hearing aid to date.
A fully customized and rechargeable battery developed by VARTA provides up to five years of running time based on usage and the highest energy density in the smallest space. Eargo 5 is fully charged within four hours for up to 16 hours of continuous power. The lithium-ion technology of the battery enables faster and easier charging while meeting the highest levels of safety.
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VARTA AG: VARTA AG exceeds guidance, announces first-ever dividend payments and presents new brand identity
18.02.2021 / 07:00
VARTA AG exceeds guidance, announces first-ever dividend payments
and presents new brand identity
Highly dynamic growth of around 140% in Group revenue to approximately ? 870m
Adjusted EBITDA rises by roughly 145% to approximately ? 239m
Adjusted EBITDA margin improves to around 27.5%
Microbatteries & Solutions records very strong fiscal year performance
Very positive development in the Household Batteries segment
Start of dividend payments: roughly ? 100m to be paid out
Promising outlook for 2021: organic growth in revenue and profit again on the cards for fiscal year 2021
Audited financial statements for 2020 to be published on 31