Nephros reports preliminary Q4 revenue of $2.6M, FY2022 revenue of $10.0M

NEPHROS INC

2023-FY EPS reported -$0.73 revenue$9,975,000

Q4 2022 net revenue ~$2.6M, down 6% YoY but up 6% sequentially.
Full-year 2022 net revenue ~$10.0M, a 2% decrease from 2021.
Record Active Customer Sites of 1,394 at Q4 end; an all-time high.
Cash balance ~$3.6M; H2 2022 net cash flow improved to -$0.5M from -$2.9M in H1.
Formal Q4 and FY2022 earnings call scheduled for March 8, 2023.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

NEPHROS INC reported fourth quarter ended December 31, 2022 results: revenue approximately $2.6 million.

Period: fourth quarter ended December 31, 2022
Revenue: approximately $2.6 million
Result: preliminary results

Exact text from the filing

Net revenue for the quarter ended December 31, 2022 is expected to be approximately $2.6 million

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

NEPHROS INC reported fiscal year ended December 31, 2022 results: revenue approximately $10.0 million.

Period: fiscal year ended December 31, 2022
Revenue: approximately $10.0 million
Result: preliminary results

Exact text from the filing

Full-year 2022 net revenue is expected to be approximately $10.0 million

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Source: SEC EDGAR

accession 0001493152-23-001134

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