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Stock impact report

Cytosorbents outlines cash flow breakeven targets for Q1 2026 through workforce and cost restructuring [Seeking Alpha]

Cytosorbents Corporation (CTSO) 
Last cytosorbents corporation earnings: 11/5 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: cytosorbents.com
Company Research Source: Seeking Alpha
CEO Phillip Chan reported, "CytoSorbents continues to make solid progress as we execute on our long-term growth strategy," focusing on a platform blood purification technology with two main products, CytoSorb and DrugSorb-ATR. He highlighted Quick Insights Through workforce reduction, disciplined cost controls, and restructuring, supported by strong product sales and amended credit arrangements. Management plans a pre-submission meeting with the FDA, followed by a new de novo application submission, potentially leading to a regulatory decision after review. By restructuring the sales team and sales approach in Germany and monitoring improvements in sales rep performance and efficiency. More Trending News Show less Read more
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