Overview
* Nuwellis ( NUWE ) Q3 revenue fell 6% yr/yr but rose 29% sequentially
* Net income for Q3 was $468,000, with EPS of $0.56
* Company initiated manufacturing transition to focus on U.S. market growth
Outlook
* Nuwellis ( NUWE ) focuses on U.S. market growth, exiting international operations
* Company enhances product offerings with new 24-hour circuit and catheter
* Nuwellis ( NUWE ) advances pediatric product development with NIH-funded collaboration
Result Drivers
* CONSUMABLE UTILIZATION - Sequential revenue growth driven by increased consumable utilization and stronger U.S. console sales
* PEDIATRIC PRODUCT DEVELOPMENT - Accelerated through NIH-funded collaboration and new U.S. patent
* U.S. MARKET FOCUS - Manufacturing transition to KDI Precision Manufacturing and exit of international operations
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q3 Sales $2.22
mln
Q3 EPS $0.56
Q3 Net $468,000
Income
Q3 Gross $1.45
Profit mln
Q3 -$2.70
Income mln
from
Operatio
ns
Q3 $468,000
Pretax
Profit
Press Release:
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)