Nephros, Inc. (NEPH) Posts Earnings Results

Nephros, Inc. (NASDAQ:NEPH) announced its quarterly earnings results on Thursday. The company reported ($0.01) earnings per share (EPS) for the quarter, Bloomberg Earnings reports. The company had revenue of $0.92 million during the quarter. Nephros had a negative net margin of 91.50% and a negative return on equity of 292.32%.

Nephros (NEPH) opened at $0.46 on Friday. Nephros has a twelve month low of $0.18 and a twelve month high of $0.60.

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About Nephros

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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