earnings
confidence high
sentiment positive
materiality 0.70
SANUWAVE Q4 preliminary revenue $6.6-6.8M (record), FY 2023 $20.0-20.2M (record)
SANUWAVE Health, Inc.
2023-FY EPS reported
-$0.03
revenue$20,398,000
- Q4 2023 preliminary revenue $6.6-6.8M, up 20-24% YoY and >30% vs Q3 2023; new quarterly record.
- FY 2023 preliminary revenue $20.0-20.2M, up 19-20% YoY; record annual revenue.
- UltraMist product line drove growth: Q4 UltraMist revenue up >30% sequentially, ~95% of total revenue.
- Full Q4 and annual results expected to be released in late March 2024 with future guidance.