earningsconfidence high
Nuwellis Q1 net sales $2.4M (+26% YoY); gross margin 70.1%; net loss $4.3M
Nuwellis, Inc.
- Net sales $2.4M, up 26% from $1.9M YoY; gross margin 70.1% (improved 14% YoY).
- Net loss $4.3M; operating expenses $6.0M (up from $4.1M) due to sales headcount.
- Cash $2.2M, no debt as of March 31, 2026.
- Acquired Rendiatech (kidney-function monitoring); appointed Carisa Schultz as CFO.
- Appointed Martin J. Emerson and David A. McDonald to Board; new patents and TX territory.
item 2.02item 9.01
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