Brief: Nephros Announces Preliminary Financial Results For Q1 2020

Nephros

02/04/2020 12:46

April 2 (Reuters) - Nephros Inc  NEPH.O :
    * NEPHROS ANNOUNCES PRELIMINARY FINANCIAL RESULTS FOR FIRST
QUARTER 2020
    * SEES Q1 2020 REVENUE $2.6 MILLION
    * SEES Q1 2020 REVENUE UP ABOUT 45 PERCENT
    * FOR QUARTER ENDED MARCH 31, 2020 NET REVENUES ARE EXPECTED
TO BE
$2.6 MILLION, AN INCREASE OF APPROXIMATELY 45%
    * WITHDRAWING OUR PREVIOUS REVENUE GUIDANCE FOR 2020
    * ENDED QUARTER WITH APPROXIMATELY $8.9 MILLION IN CASH ON A
CONSOLIDATED BASIS

Source text for Eikon:  ID:nGNX2GrCkH 
Further company coverage:  NEPH.O 

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