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Stock impact report

Rockwell Medical Announces Second Quarter 2022 Results

Rockwell Medical, Inc. (RMTI) 
Last rockwell medical, inc. earnings: 3/12 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.rockwellmed.com
Company Research Source: Business Wire
Revenue was $18.7 million for the second quarter 2022, a 16% increase over the first quarter 2022, representing the highest quarterly revenue to-date for RockwellGross profit was $1.7 million in the second quarter 2022 compared to gross loss of $786,000 in the first quarter 2022Cash used in operating activities was $5.8 million for the second quarter 2022, a 40% decrease over the first quarter of 2022Completed $30 million financing and stabilized the business WIXOM, Mich.--(BUSINESS WIRE)--Rockwell Medical, Inc. (Nasdaq: RMTI), a commercial healthcare company focused on providing life-sustaining products for patients suffering from blood disorders and diseases associated with the kidney, today announced its financial and operational results for the second quarter ended June 30, 2022.SECOND QUARTER 2022 FINANCIAL HIGHLIGHTSRockwell raised $30 million during the second quarter 2022, including a $15 million investment in the Company’s convertible preferred stock by DaVita, Inc.As of J Show less Read more
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