NUWE missed EPS expectations by 124.14%
Aug 13, 2024, 1:33 PM
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What does NUWE do
Nuwellis, Inc., based in Eden Prairie, Minnesota with 70 employees, specializes in developing and commercializing the Aquadex System, which includes devices like Aquadex SmartFlow and Aquadex FlexFlow for ultrafiltration therapy in patients unresponsive to other treatments. The company, which went public in 2012, aims its products at adults and pediatric patients over 20 kilograms suffering from fluid overload who have not responded to diuretic therapy.
Nuwellis (NUWE) reported a negative EPS surprise in its most recent quarterly earnings. For the most recent quarter, Nuwellis's actual EPS was -$18.85, missing the estimate of -$8.41 per share, resulting in a -124.14% surprise.
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