CHF Solutions, Inc. Announces 80% Revenue Growth for its Fourth 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., Feb. 20, 2019 (GLOBE NEWSWIRE) -- CHF Solutions, Inc. (Nasdaq: CHFS) announced today its results for the fourth quarter and year ended December 31, 2018, which included the following highlights: Revenue for the fourth quarter ended December 31, 2018 increased 80.4 percent compared to the same period in 2017. Revenue growth for the year 2018 was 40.7 percent compared to the year 2017.Continued marketing focus into post-cardiovascular surgery and heart failure outpatient clinics.Commenced discussions with the FDA to request a label modification to include pediatrics.Continued international expansion with announcement of new distributor agreements in India and Brazil.Announced the filing of two new patent applications to deepen the company’s intellectual property protection of its Aquadex Flexflow® system.Ended the quarter with $5.5 million in cash and cash equivalents and no debt. “Our fourt
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