Nephros Reports 2019 Fourth Quarter and Full Year Financial Results
Nephros, Inc. (NEPH)
NASDAQ:AMEX Investor Relations:
nephros.com/investor-relations
Company Research
Source: GlobeNewswire
Fourth Quarter Net Revenue up 96%; Annual Net Revenue up 82%Establishes 2020 Revenue Guidance at $14.5 to $15.5 Million SOUTH ORANGE, N.J., Feb. 27, 2020 (GLOBE NEWSWIRE) -- Nephros, Inc. (Nasdaq:NEPH), a commercial stage company that develops and sells high performance water purification products and pathogen detection systems to the medical and commercial markets, today announced financial results for the fourth quarter and full year ended December 31, 2019. Financial Highlights Fourth Quarter Ended December 31, 2019 – Water Filtration Business Segment Net revenue was $3.2 million, compared with $1.6 million in 2018, up 96%Net income was $135,000, compared with a net (loss) of ($147,000) in 2018Adjusted EBITDA was $648,000, compared with $136,000 in 2018, up 376% Fourth Quarter Ended December 31, 2019 – Consolidated Net revenue was $3.2 million, compared with $1.6 million in 2018, up 96%Net (loss) was ($144,000), compared with ($664,000) in 2018, improved 78%Adjusted EBITDA
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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
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- Nephros Announces Financial Results for Quarter Ended September 30, 2024GlobeNewswire
- What To Expect From Nephros Inc (NEPH) Q3 2024 Earnings [Yahoo! Finance]Yahoo! Finance
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