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SNWV - Sanuwave Health reports 5% sequential growth in May sales funnel: Monthly Update
Sanuwave Health Inc
Sanuwave Health (OTCPK:SNWV) stated Tuesday that May's revenue is estimated to increase 96% Y/Y, reflecting growth in recurring revenue and conversions from evaluations. The company reported May sales funnel increased 5% to $21.1M, while system trials increased 2% month-over-month, bringing the total number of active trials to 103. On sequential basis, that compares to April sales funnel of $19.9M, which increased 9% from March's number.