earnings
confidence high
sentiment neutral
materiality 0.75
CytoSorbents Q4 product rev $9.2M (+25% YoY); FY rev $35.6M (+15%); expects FDA decision 2025
Cytosorbents Corp
2025-Q1 EPS reported
-$0.02
revenue$8,727,238
- Q4 product revenue $9.2M (+25% YoY); product gross margin 71%; operating loss improved 61% to $3.7M.
- Adjusted net loss improved 78% to $1.7M ($0.03 per share) vs $7.8M loss in Q4 2023.
- Full year product revenue $35.6M (+15%); net loss $20.7M ($0.38 per share); adjusted net loss $12.7M ($0.23 per share).
- Cash $9.8M at Dec 31; pro forma $17M after $7.3M rights offering net proceeds.
- Expects DrugSorb-ATR FDA & Health Canada decisions in 2025; Q1 2025 product sales to decline due to Germany restructure.