Nephros, Inc. (NEPH) Issues Earnings Results
Nephros, Inc. (NASDAQ:NEPH) released its quarterly earnings data on Thursday. The company reported ($0.01) EPS for the quarter, Bloomberg Earnings reports. The company had revenue of $0.92 million for the quarter. Nephros had a negative return on equity of 292.32% and a negative net margin of 91.50%.
Shares of Nephros (NASDAQ:NEPH) remained flat at $$0.46 on Friday. The stock had a trading volume of 22,311 shares, compared to its average volume of 41,418. Nephros has a fifty-two week low of $0.18 and a fifty-two week high of $0.60.
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Nephros, Inc (Nephros) is a commercial-stage medical device and commercial products company that develops and sells high performance liquid purification filters and hemodiafiltration (HDF) systems. The Company’s filters, ultrafilters, are primarily used in dialysis centers for the removal of biological contaminants from water and bicarbonate concentrate, and used in hospitals for the prevention of infection from water borne pathogens, such as legionella and pseudomonas.
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