Nephros, Inc. announced its financial results for the first quarter ended March 31, 2025, reporting net revenue of $4.9 million. This represents a significant increase of 38% compared to the first quarter of 2024. The robust growth reflects strong performance across the company's segments.
The company achieved its second consecutive profitable quarter, following its first profitable quarter in Q3 2024. This sustained profitability underscores the effectiveness of Nephros' operational strategies. The positive trend indicates a strong financial trajectory.
A key strategic initiative, the digital filter tracking app, was expected to roll out in Q1 2025. This app aims to drive recurring programmatic revenue by ensuring timely filter replacements and improving customer engagement. The rollout supports the company's focus on predictable revenue streams.
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