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Stock impact report

CytoSorbents Corp (CTSO) Q3 2024 Earnings Call Highlights: Strong Sales Growth and Improved ... [Yahoo! Finance]

Cytosorbents Corporation (CTSO) 
Last cytosorbents corporation earnings: 11/5 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: cytosorbents.com
Company Research Source: Yahoo! Finance
Operating Expenses: Decreased 25% year over year. Operating Loss: Reduced by 40% year over year. Cash Burn: Approximately $2.7 million for the quarter, down from $5 million in the previous quarter. Total Revenue: $9.4 million for Q3 2024, a 7% increase from the previous year. Net Loss: $2.3 million for the quarter, compared to $9.2 million in the prior year. Adjusted Net Loss: $4.5 million or $0.08 per share, improved from $6 million or $0.14 per share in the prior year. Cash Position: $12.2 million as of September 30, 2024, including $6.5 million of restricted cash. Warning! GuruFocus has detected 6 Warning Signs with CTSO. Release Date: November 07, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript CytoSorbents Corp ( NASDAQ:CTSO ) reported Q3 2024 product sales of $8.6 million, exceeding their guidance range and reflecting an 11% year-over-year growth. The company achieved a product gross margin of 61% fo Show less Read more
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