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SANUWAVE HEALTH INC - SNWV STOCK NEWS

Welcome to our dedicated page for SANUWAVE HEALTH news (Ticker: SNWV), a resource for investors and traders seeking the latest updates and insights on SANUWAVE HEALTH stock.

SANUWAVE Health Inc. is a leading provider of noninvasive, biological response activating devices in regenerative medicine. They focus on repairing and regenerating tissue, musculoskeletal, and vascular structures using their PACE™ technology. With a portfolio of products that activate biologic signaling and angiogenic responses, SANUWAVE helps restore the body's natural healing processes and regeneration. Their products are used in wound healing, orthopedic/spine, plastic/cosmetic, and cardiac conditions.
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SANUWAVE Health, Inc. (OTCPK: SNWV) reported significant second-quarter results for 2022, with revenues of $3.9 million, marking a 33% increase from 2021. The company successfully placed over 50 wound care systems, doubling from the previous year, and administered over 40,000 wound treatments. Gross margin improved to 72% from 64%. Operating loss decreased to $2 million vs. $4 million in 2021. SANUWAVE became current with SEC filings and is positioned for profitable growth in wound care.

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SANUWAVE Health (OTCQB: SNWV) has aided football legend Jim McMahon in recovering from complications due to a surgical infection using their ENERGY FIRST devices, dermaPACE® and UltraMIST®. Following his surgery in November 2021, McMahon faced healing delays, prompting the need for effective treatment. SANUWAVE's combination therapy, initiated on April 27, 2022, successfully addressed his wound, which was healed within three weeks. Kevin Richardson, CEO, expressed pride in their technology's impact on improving wound care.

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SANUWAVE Health (SNWV) reported a 75% increase in estimated revenue for June year-over-year, attributed to heightened recurring revenue and successful conversions from evaluations. The sales funnel rose by 9% to $23 million, and system trials grew by 5%, totaling 109 trials. The company is closely monitoring these figures for the second quarter and expects some volatility ahead. This positive trend in sales metrics underlines SANUWAVE's commitment to enhancing its wound care portfolio.

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SANUWAVE Health (OTC: SNWV) announced a strong performance for May 2022, reporting an estimated revenue increase of 96% year-over-year. The sales funnel also saw a 5% increase, totaling $21.1 million, while system trials rose by 2%, reaching 103 active trials. These trends suggest significant growth potential for the second quarter, although the company anticipates some volatility in these figures going forward. SANUWAVE specializes in innovative wound care and regenerative medicine, focusing on non-invasive medical systems.

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SANUWAVE Health reported a significant 100% revenue increase year-over-year for Q1 2022, totaling $3.2 million, up from $2.1 million in 2021. The first quarter's sales were driven by their ENERGY FIRST device line, as the prior year's biologics sales are no longer included. Additionally, April saw a 9% increase in the sales funnel, reaching $19.9 million, while system trials rose 5% to 101. Despite potential volatility, these metrics provide visibility into future revenue growth as the company navigates opportunities in the wound care market.

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SANUWAVE Health (SNWV) announced the issuance of several new patents in 2022, enhancing its innovative technology portfolio for advanced wound care and industrial applications. The newly issued patents include innovations in shockwave and ultrasound technologies, with a total of 160 patents now active. Notable patents involve methods for oil separation, tissue disinfection, and underwater cleaning using shockwaves. The company aims to leverage this intellectual property to enhance its competitive edge and explore partnership opportunities, further solidifying its position in both medical and non-medical sectors.

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SANUWAVE Health, Inc. (SNWV) announced the addition of three new members to its board of directors, effective Q2 2022. The new members, Ian Miller, Jeffrey Blizard, and Jim Tyler, bring extensive experience in sales and operations within the healthcare industry. CEO Kevin Richardson expressed optimism about the company's growth potential for 2022. The announcement also noted gratitude for departing board member John Nemelka, who has significantly contributed to the company for over 17 years. SANUWAVE focuses on innovative wound care products and regenerative medicine technologies.

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SANUWAVE Health (SNWV) reports a 13.1% increase in their sales funnel for March 2022, totaling $18.1 million. System trials also rose 12.9%, indicating strong revenue potential for Q2. The company is expanding into new vertical markets, specifically Sports Medicine and Aesthetics, with initial orders exceeding $1 million set for delivery in Q2 and Q3 2022. Key products include Profile and UltraMIST. SANUWAVE aims to share monthly updates to keep shareholders informed of progress and potential volatility in sales figures.

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SANUWAVE Health (SNWV) invites investors to attend its presentation at the Emerging Growth Conference on March 2, 2022, at 11:00 AM ET. This online event allows interaction with CEO Kevin Richardson and CRO Jack Schlechtweg, who will discuss the company's advancements in wound care products and respond to attendee questions. The presentation is set for 30 minutes, and those unable to attend can access an archived version afterward. SANUWAVE is dedicated to innovative non-invasive medical solutions for tissue repair and regeneration.

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SANUWAVE Health (SNWV) is set to hold a conference call on March 2, 2022, at 9:00 am ET, to discuss recent business developments, updates on SEC filings, and strategic initiatives. Investors can join by dialing 1-877-407-0784 (toll-free) or 1-201-689-8560 (international). A replay will be available until March 9, 2022, using the passcode 13727564. SANUWAVE specializes in non-invasive wound care technologies aimed at enhancing the body's healing processes.

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FAQ

What is the current stock price of SANUWAVE HEALTH (SNWV)?

The current stock price of SANUWAVE HEALTH (SNWV) is $0.02 as of September 18, 2024.

What is the market cap of SANUWAVE HEALTH (SNWV)?

The market cap of SANUWAVE HEALTH (SNWV) is approximately 18.8M.

What is SANUWAVE Health Inc. known for?

SANUWAVE specializes in noninvasive, biological response activating devices in the regenerative medicine field for tissue repair and regeneration.

What technology does SANUWAVE use in their products?

SANUWAVE's products are based on PACE™ technology, which activates biologic signaling and angiogenic responses.

In which medical areas does SANUWAVE's portfolio find application?

SANUWAVE's products are used in wound healing, orthopedic/spine, plastic/cosmetic, and cardiac conditions.

What is SANUWAVE's financial outlook for the future?

SANUWAVE expects significant revenue growth in 2024, with anticipated revenues over $30 million and a gross margin increase into the mid 70s.

What recent achievement did SANUWAVE announce for Q4 2023?

SANUWAVE announced preliminary revenues of $6.6 million to $6.8 million for Q4 2023, representing a new quarterly revenue record for the Company.

What was the outcome of SANUWAVE's special meeting of stockholders on February 21, 2024?

SANUWAVE stockholders approved the business combination with SEP Acquisition Corp., with 70.5% of all shares eligible to vote participating in the election.

What was SANUWAVE's Q1 2024 revenue performance like?

SANUWAVE announced preliminary revenues of $5.7 million to $5.9 million for Q1 2024, the highest Q1 revenues in company history.

How does SANUWAVE plan to communicate future updates?

SANUWAVE plans to provide business updates via conference calls, with details available on their website for investors to access.

What financial measures does SANUWAVE use to assess its performance?

SANUWAVE uses EBITDA and Adjusted EBITDA to evaluate its operating performance, with a focus on historical and prospective financial performance.

What are SANUWAVE's key areas of research and application for their patented technologies?

SANUWAVE focuses on wound healing, orthopedic/spine, aesthetic/cosmetic, and cardiac/endovascular conditions in applying and researching their patented energy transfer technologies.

SANUWAVE HEALTH INC

OTC:SNWV

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SNWV Stock Data

18.78M
507.94M
9.54%
9.82%
Medical Devices
Healthcare
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United States of America
Eden Prairie