Nephros FY2021 revenue $10.4M (+22% YoY); net loss narrows to $3.9M

NEPHROS INC

Full-year revenue $10.4M, up 22% from $8.6M in 2020; Q4 revenue $2.8M, up 18%.
Full-year net loss ($3.9M) improved 15% from ($4.5M); Adjusted EBITDA ($2.6M) improved 29%.
Q4 water filtration segment revenue $2.7M (+16%); operating loss ($0.7M).
Reaffirms FY2022 revenue guidance of $13.0-13.5M, representing 25-30% growth.
Cash and cash equivalents $7.0M as of Dec 31, 2021.

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