01:09 PM EDT, 05/15/2024 (MT Newswires) -- Nyxoah ( NYXH ) shares were up more than 7% in recent Wednesday trading following its Q1 results in the previous day.

The firm reported Q1 loss Tuesday of 0.415 euro ($0.45) per diluted share, narrowing from a loss of 0.460 euro a year ago.

Analysts polled by Capital IQ expected a loss of 0.46 euro.

Revenue for the quarter ended March 31 was 1.2 million euros, up from 441,000 euros a year earlier.

Analysts surveyed by Capital IQ expected 1.3 million euros.

Price: 10.33, Change: +0.73, Percent Change: +7.65