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Stock impact report

Nephros Reports Third Quarter 2018 Financial Results

Nephros, Inc. (NEPH) 
NASDAQ:AMEX Investor Relations: nephros.com/investor-relations
Company Research Source: GlobeNewswire
Quarterly Product Revenue Up 96% Year-over-Year; Total Revenue Up 88% SOUTH ORANGE, N.J., Nov. 08, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Nephros, Inc. (OTCQB: NEPH) (“Nephros”), a commercial stage medical device company that develops and sells high performance liquid purification ultrafilters, today announced financial results for the three months ended September 30, 2018. “Today’s results represent our ninth consecutive quarter of year-over-year revenue growth averaging over 60%,” said Daron Evans, President and CEO. “Our high-performance ultrafilters and customer-service-driven culture are driving increasing confidence in Nephros products. We believe we are well positioned to continue to grow our network of customers in partnership with our valued distribution partners.” “As announced last quarter, we are pursuing a national stock exchange listing, which will likely be coupled with a reverse split of our common stock in order to satisfy applicable listing criteria,” said Show less Read more
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