SANUWAVE Announces Record Quarterly Revenues: Q2 FY2024 Financial Results
SANUWAVE Health, Inc. (SNWV)
NASDAQ:AMEX Investor Relations:
sanuwave.com/snwv/corporate_overview?title_override=overview
Company Research
Source: GlobeNewswire
Q2 2024 revenues were $7.2 million, up 53% from Q2 2023. This was an all-time quarterly record for the Company. Q2 2024 Gross Margin was 73%, vs 74% in Q2 2023 GAAP Operating Income was $2.0 Million Company Provides Guidance for Revenue Growth of 65-75% for Q3 2024 Versus Q3 2023 EDEN PRAIRIE, MN, Aug. 13, 2024 (GLOBE NEWSWIRE) -- SANUWAVE Health, Inc. (the "Company" or "SANUWAVE”) (OTCQB: SNWV), a leading provider of next-generation FDA-approved wound care products, is pleased to provide its financial results for the three months ended June 30, 2024. Q2 2024 ended June 30, 2024 Revenue for the three months ended June 30, 2024, totaled $7.2 million, an increase of 53%, as compared to $4.7 million for the same period of 2023. This growth is within the previous guidance for a 45 – 55% increase.72 UltraMist® systems were sold in Q2 2024 up from 49 in Q2 2023 and from 43 in Q1 2024.UltraMist® consumables revenue increased by 67% to $4.7
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Sec Filings
- 8/13/24 - Form 8-K
- 8/12/24 - Form 10-Q
- 8/9/24 - Form 8-K
- SNWV's page on the SEC website