Nephros, Inc. delivered strong third-quarter results with $4.8 million in revenue, marking a 35% year-over-year increase and achieving profitability for the fifth consecutive quarter.
- Record $4.8 million in revenue driven by growth in programmatic and service offerings.
- Five consecutive quarters of profitability with net income rising to $337,000.
- Strong gross margins maintained at 61%, despite increased inventory handling expenses.
- Active customer sites exceeded 1,650, consistent with expanding market presence.
- Positive cash flow from operations improved by $722,000 year-over-year.
Community Discussion