NEPH - Nephros preannounces Q1 results

Nephros (NEPH): Q1 Revenue to be  $2.7M (+8% Y/Y) and (+17% Q/Q) vs. consensus of $2.35M.Nephros ended the Q1 with ~$8.1M in cash on a consolidated basis."These results, represented by strength in all of our filtration markets – Healthcare, Dialysis, and Commercial – reflect the growth of our underlying business and steady, long-term focus on taking care of our strategic partners and customers," says Andy Astor, CEO.The company will announce its first-quarter results on Thursday, May 6 and will host a conference call that same day at 4:30 PM ET.

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Nephros preannounces Q1 results