Business
Nephros Announces Financial Results for Quarter Ended March 31, 2025
First-Quarter Net Revenue of $4.9 million;Robust Growth Drives 38% Increase in Net Revenue SOUTH ORANGE, NJ - May 8, 2025 (NEWMEDIAWIRE) - Nephros, Inc. (Nasdaq: NEPH), a leading water technology company providing filtration solutions to the medical ...
About this update from Nephros, Inc.
[{"type":"image","caption":"","headline":"Nephros to Host Analyst and Investor Virtual Event","size":{"original":{"width":140,"height":21,"url":"https://media.zenfs.com/en/newsmediawire_165/13e62e541461b90964bed3bdeb54b19d"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/8J3xfjCNMV2a.14bLrVSkQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIxMDtoPTMyO2NmPXdlYnA-/https://media.zenfs.com/en/newsmediawire_165/13e62e541461b90964bed3bdeb54b19d","width":140,"height":21}}},{"type":"text","content":"First-Quarter Net Revenue of $4.9 million;Robust Growth Drives 38% Increase in Net Revenue","length":91,"tagName":"p"},{"type":"text","content":"SOUTH ORANGE, NJ - May 8, 2025 (NEWMEDIAWIRE) - Nephros, Inc. (Nasdaq: NEPH), a leading water technology company providing filtration solutions to the medical and commercial markets, today announced financial results for the first quarter ended March 31, 2025.","length":260,"tagName":"p"},{"type":"text","content":"Financial Highlights","length":20,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Net revenue was $4.9 million, compared to $3.5 million in the first quarter of 2024, up 38%","length":91,"tagName":"p"}]},{"val":[{"type":"text","content":"Net income was $558,000, compared to a net loss of ($169,000) in the first quarter of 2024","length":90,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted EBITDA was $667,000, compared to ($95,000) in the first quarter of 2024","length":80,"tagName":"p"}]},{"val":[{"type":"text","content":"Gross margin was 65%, compared to 62% in the first quarter of 2024","length":66,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":327,"olType":false},{"type":"text","content":""Q1 2025 marked a strong start to the year, with a record quarterly net revenue of $4.9M characterized by robust growth and all-time highs in both core programmatic business and emergency response business. Net revenue increased by $1.4 million, or 38%, in the first quarter of 2025 compared to the same period in 2024," said Robert Banks, President and Chief Executive Officer of Nephros. "More specifically, the results of our programmatic business in the first quarter represent a pinnacle in performance, additionally complemented by a similar peak within our dialysis business. These increases in demand reflect improved reorder rates and, we believe, demonstrate the value of our p...