Nuwellis Announces Preliminary Results for Third Quarter of 2024
Nuwellis, Inc. (NUWE)
Company Research
Source: GlobeNewswire
MINNEAPOLIS, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Nuwellis, Inc. (Nasdaq: NUWE), a medical device company dedicated to transforming the lives of patients suffering from fluid overload, today announced certain preliminary, unaudited results for the quarter ended September 30, 2024. The company plans to report its complete results and host its earnings conference call for the third quarter of 2024 on November 11, 2024. Based on preliminary, unaudited results, management expects the Company to report the following in respect of its quarterly period ended September 30, 2024: Revenue of approximately $2.4 million.Revenue growth of 28% in the Pediatric customer category compared to the same period in 2023.70% gross margin, a 12.7% improvement compared to 57.3% in the same period in 2023.Total operating cost reduction of approximately 30% compared to the same period in 2023. Cash used in operations for the quarter was approximately $2.5 million. At quarter end, the Company held cash and ca
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News
- Nuwellis Regains Compliance with Nasdaq Listing Requirements [Yahoo! Finance]Yahoo! Finance
- Nuwellis Regains Compliance with Nasdaq Listing RequirementsGlobeNewswire
- Nuwellis, Inc. Announces Third Quarter 2024 Financial Results and Recent HighlightsGlobeNewswire
- Nuwellis Announces Exercise of Warrants for $5.1 Million of Gross Proceeds [Yahoo! Finance]Yahoo! Finance
- Nuwellis Announces Exercise of Warrants for $5.1 Million of Gross ProceedsGlobeNewswire
NUWE
Earnings
- 11/11/24 - Beat
NUWE
Sec Filings
- 12/23/24 - Form EFFECT
- 12/20/24 - Form 424B3
- 12/19/24 - Form S-1/A
- NUWE's page on the SEC website