Nephros Inc Stock Price, News & Analysis

Nephros, Inc. (NASDAQ: NEPH), a leading water technology company, announced its participation in the Access to Giving Virtual Investor Conference from July 13-15, 2021. CEO Andy Astor will present on July 13th at 2:30 PM ET, with a replay available post-event. The conference will feature over 50 companies focusing on investor education and financial literacy. Nephros aims to advance water safety through innovative solutions. For more details, visit their official site or register for the conference.

Nephros, Inc. (Nasdaq: NEPH) reported an anticipated net revenue of approximately $2.2 million for Q2 2021, marking over a 40% year-over-year increase. Year-to-date revenue exceeded $5 million, reflecting a 20% increase compared to the same period in 2020 and 2019. The company also submitted its HDF Assist Module for FDA 510(k) clearance and noted growing revenue in its Pathogen Detection Systems business segment. Nephros ended Q2 with around $8.3 million in cash, positioning itself well for the upcoming months.

Nephros, Inc. (Nasdaq: NEPH) reported its highest first-quarter revenue of $2.7 million, an increase of 8% compared to the same period last year. The net loss improved by 55% to $0.5 million, while adjusted EBITDA showed a 13% improvement, totaling ($0.7 million). The company attributes this growth to increased customer acquisition and recurring revenue, as healthcare facilities shift focus from COVID-19 to water management. Nephros had cash and equivalents of $8.2 million as of March 31, 2021, indicating a solid financial position.

Nephros, Inc. (Nasdaq: NEPH) announced it will release its first quarter financial results on May 6, 2021, after market close. A conference call is scheduled for the same day at 4:30 PM ET, allowing investors to engage with company executives. Participants can join by calling domestic number 1-844-808-7106 or international number 1-412-317-5285. A replay of the call will be available until May 13, 2021. Nephros specializes in water purification and pathogen detection, focusing on point-of-use water safety.

Nephros, Inc. (Nasdaq: NEPH) has reported a preliminary net revenue of $2.7 million for Q1 2021, marking a 17% increase from the previous quarter and an 8% rise compared to the same period in 2020. This achievement signifies the highest first-quarter revenue in the company's history and the third-highest quarterly revenue overall. The company ended the quarter with approximately $8.1 million in cash. Results are attributed to strong performance across filtration markets despite the pandemic, with expectations for further growth as vaccination progresses.

Nephros, a water technology company specializing in filtration and pathogen detection, announced that CEO Andy Astor will present at the Q1 Virtual Investor Summit from March 23-25, 2021. Nephros's presentation is scheduled for March 23 at 2:30 p.m. ET. Interested participants can register for the event and request one-on-one meetings via the conference's website. Nephros is dedicated to advancing water safety in medical and commercial markets by providing innovative solutions.

Nephros, a water technology leader, announced that CEO Andy Astor will present at the Inaugural Emerging Growth Virtual Conference on March 17-18, 2021. The event will showcase discussions with C-suite executives and feature insights into Nephros' advancements in water safety, including pathogen detection and purification technologies. The conference aims to connect thousands of issuers with investors through presentations and live Q&A sessions. For more details, visit www.nephros.com.

Nephros, Inc. (Nasdaq:NEPH) reported fourth-quarter 2020 net revenue of $2.3 million, a 26% decline from the previous year's $3.2 million. The full-year revenue dropped 17%, totaling $8.6 million compared to $10.3 million in 2019. The net loss for Q4 was approximately ($759,000), marking a significant increase from a net income of $234,000 in 2019. Adjusted EBITDA shows a loss of ($466,000) for Q4, in contrast to a profit of $374,000 a year earlier. Despite challenges due to COVID-19, the company's CEO expressed optimism for a return to growth in the latter half of 2021.

Nephros, Inc. (Nasdaq: NEPH), a water technology leader, will release its fourth quarter and full year 2020 financial results on March 1, 2021, after market close. A conference call is scheduled for the same day at 4:30 PM ET, where management will discuss the financial results and business outlook. Call-in details include a participant dial-in number and a replay option available until March 8, 2021. Nephros focuses on advancing water safety in medical and commercial sectors through innovative filtration and pathogen detection solutions.