Nephros Announces Financial Results for Quarter Ended September 30, 2024 [Yahoo! Finance]
Nephros, Inc. (NEPH)
NASDAQ:AMEX Investor Relations:
nephros.com/investor-relations
Company Research
Source: Yahoo! Finance
SOUTH ORANGE, N.J., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Nephros, Inc. (Nasdaq: NEPH), a leading water technology company providing filtration solutions to the medical and commercial markets, today announced financial results for the third quarter ended September 30, 2024. Financial Highlights* Net income of $0.2 million, compared to a net loss of $0.2 million Adjusted EBITDA of $295,000, compared to $11,000 Net revenue of $3.5 million, an 8% increase over Q2 2024; a decrease of 6% over Q3 prior year *Stated performance is relative to same period in the prior year unless otherwise noted. “I am very excited to report our first profitable quarter, marking a major milestone in our pursuit of achieving operational excellence. I am also pleased to report we had positive-adjusted EBITDA for both the third quarter and first nine months of 2024,” stated Robert Banks, President and Chief Executive Officer. “Although most of our sales regions showed solid growth and steady performance
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News
- Nephros, Inc. (NASDAQ: NEPH) had its "speculative buy" rating re-affirmed by analysts at Benchmark Co.. They now have a $5.00 price target on the stock.MarketBeat
- Nephros Inc (NEPH) Q3 2024 Earnings Call Highlights: First Profitable Quarter and Strategic ... [Yahoo! Finance]Yahoo! Finance
- Nephros Announces Financial Results for Quarter Ended September 30, 2024GlobeNewswire
- What To Expect From Nephros Inc (NEPH) Q3 2024 Earnings [Yahoo! Finance]Yahoo! Finance
- Nephros Schedules Third Quarter 2024 Financial Results Conference CallGlobeNewswire
NEPH
Sec Filings
- 11/14/24 - Form 10-Q
- 11/13/24 - Form 8-K
- 8/26/24 - Form 8-K
- NEPH's page on the SEC website