Picture of Rockwell Medical logo

RMTI — Rockwell Medical News Story

0.000.00%
us flag iconLast trade - 00:00
HealthcareAdventurousMicro CapNeutral

Rockwell Medical Q1 revenue falls 8% on lower volume

Overview

US hemodialysis products maker's Q1 revenue fell 8% yr/yr due to lower customer volume

Gross margin for Q1 rose to 17% from 16% a year earlier

Company announced operational changes expected to add over $3 mln in annualized gross profit

Outlook

Rockwell Medical sees 2026 net sales between $70 mln and $75 mln

Company expects 2026 gross margin of 18% to 22%

Rockwell Medical forecasts 2026 adjusted EBITDA of $1 mln to $2 mln and positive operating cash flow

Result Drivers

CUSTOMER VOLUME - Co said Q1 sales decline was driven by reduced purchase volume from one customer

OPERATIONAL CHANGES - Co announced operational changes expected to generate over $3 mln in additional gross profit on an annualized basis

EFFICIENCY INITIATIVES - Co said ongoing streamlining and enhancements to operational efficiencies and distribution footprint are expected to generate over $2 mln in annualized savings

Company press release: ID:nBw2gJCXba

Key Details

MetricBeat/MissActualConsensus Estimate
Q1 Sales$17.30 mln$17.95 mln (2 Analysts)
Q1 Adjusted EPS-$0.01-$0.03 (2 Analysts)
Q1 EPS-$0.04
Q1 Net Income-$1.60 mln
Q1 Gross Profit$2.90 mln
Q1 Operating Income-$1.50 mln
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Recent news on Rockwell Medical

See all news