earnings
confidence high
sentiment positive
materiality 0.70
Nephros prelim Q3 2021 net revenue ~$2.6M (+24% YoY); YTD record $7.6M
NEPHROS INC
- Preliminary net revenue ~$2.6M for Q3 2021, up 24% YoY.
- Year-to-date revenue ~$7.6M, highest in company history (+22% vs 2020).
- Third consecutive quarter of ~25% average YoY growth.
- Pathogen Detection Systems segment contributed nearly $60K in Q3 revenue.
- Cash ~$7.3M at quarter end; full results expected Nov 4, 2021.