CHF Solutions, Inc. Announces 27% Revenue Growth for its Second Quarter and Provides Company Update
CHF SOLUTIONS INC (CHFS)
Last chf solutions inc earnings: 2/20 08:30 am
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US:NASDAQ Investor Relations:
ir.sunshineheart.com/investor-relations
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Source: GlobeNewswire
EDEN PRAIRIE, Minn., Aug. 07, 2018 (GLOBE NEWSWIRE) -- CHF Solutions, Inc. (NASDAQ: CHFS) announced today its second quarter results for the period ended June 30, 2018. Highlights include: Revenue for second quarter ended June 30, 2018 increased 27 percent compared to the same period in 2017 and six percent sequentially over the first quarter of 2018.Expanded US sales territories from ten to 13 and hired and trained three additional sales representatives.In July 2018, received a blanket purchase agreement from the United States Department of Veteran’s Affairs for up to a maximum of $6.5 million to supply Aquadex FlexFlow systems for outpatient services. The blanket purchase agreement is for a period of up to five-years and allows but does not obligate the purchase of the products.Recently published data at the International Society for Pharmaeconomics and Outcomes Research conference shows that hospitals that use an ultrafiltration system versus diuretic therapy save an average of
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