NASDAQ$NUWE

Nuwellis Inc · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Revenue increased by 34% compared to the same period of the prior year.

CHF Solutions, Inc. reported a 34% increase in revenue for the first quarter of 2020 compared to the previous year, with revenue reaching $1.6 million. The company also obtained regulatory clearances for its Aquadex SmartFlow system and expanded its commercial presence in Europe.

  • Revenue for Q1 2020 was $1.6 million, a 34% increase year-over-year.
  • Received regulatory clearances in the U.S. and EU for the Aquadex SmartFlow system.
  • Aquadex therapy is helping COVID-19 patients by managing fluid overload.
  • Expanded commercial presence in Europe with distribution arrangements and regulatory clearance to sell in India.

Headline financials

Total Revenue

$1.63M

Previous: $1.22M+34.2%
EPS (adj)

-$12.95

Previous: -$205.45+93.7%
Capital Expenditures

-$17K

Previous: -$41K+58.5%
Free Cash Flow

-$4.59M

Previous: -$4.77M+3.8%
Net Income

-$4.57M

Previous: -$4.73M+3.4%
Operating Income

-$4.57M

Previous: -$4.73M+3.3%
Gross Profit

$834K

Previous: $603K+38.3%
Cash & Equivalents

$5.67M

No prior period
Total Assets

$10M

No prior period
Stock-Based Comp

$380K

No prior period

Revenue & EPS history

Nuwellis · Revenue · Quarterly

$1.63M

Q1 2020+34.2%vs Q1 2019
Beat estimate in 7 of 13 quarters(54%)
ActualEstimate

Forward guidance

The company remains optimistic about the value it can bring to customers and investors, despite uncertainties for the rest of the year.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

-5.5%

Avg return

Earnings day

-10.5%

Avg return

5 days after

-16.7%

Avg return

30 days after

28%

15 / 54 earnings

Positive

+51.9%

Q1 2024

Best reaction

-29.9%

Q1 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.0%-5.0%
Q4 2025+2.4%-2.3%-16.3%
Q3 2025-3.4%-11.9%-18.0%
Q2 2025+0.4%+8.4%-24.0%
Q1 2025-3.1%-5.1%-68.7%
Q4 2024-4.0%-7.9%-25.4%
Q3 2024+6.6%-0.6%-28.2%
Q2 2024-14.3%-30.2%-46.4%
Q1 2024+51.9%+47.1%+29.4%
Q4 2023-20.7%-18.3%-36.7%
Q3 2023-10.0%-12.9%-14.3%
Q2 2023-5.1%-3.0%-22.2%
Q1 2023-29.9%-37.8%-34.6%
Q4 2022-5.1%-6.5%-41.2%
Q3 2022-19.6%-16.7%-50.0%
Q2 2022-6.5%-4.2%+23.9%
Q1 2022+1.0%+2.9%-7.4%
Q4 2021-1.2%-6.1%+2.0%
Q3 2021-17.0%-13.2%-33.3%
Q2 2021+9.6%+7.9%+3.0%
Q1 2021-14.6%-8.9%+6.6%
Q4 2020+5.7%-6.2%-21.3%
Q3 2020-7.8%-7.0%+14.1%
Q2 2020-16.0%-32.0%-68.0%
Q1 2020-9.6%-14.6%+2.4%
Q4 2019-28.8%-33.9%-29.0%
Q3 2019-15.0%-23.0%-16.0%
Q2 2019-1.2%+2.0%+0.4%
Q1 2019-13.3%-13.3%-24.9%
Q4 2018-12.6%-25.6%-69.8%
Q3 2018+2.8%+4.7%-21.7%
Q2 2018-26.4%-37.4%-23.9%
Q1 2018-17.1%-18.8%-23.3%
Q4 2017-15.5%-25.7%-21.0%
Q3 2017-12.8%-15.6%-47.3%
Q2 2017-4.0%-13.3%-6.7%
Q1 2017-9.5%-1.4%-9.5%
Q4 2016-5.3%-12.0%-58.0%
Q3 2016-5.0%-5.0%+190.0%
Q2 2016-14.9%-16.0%-17.0%
Q1 2016+1.5%
Q4 2015-15.9%
Q3 2015-1.2%
Q2 2015+0.7%
Q1 2015-3.5%
Q4 2014-0.2%
Q3 2014-17.5%
Q2 2014+23.9%
Q1 2014+3.2%
Q4 2013+2.1%
Q1 2013+6.2%
Q4 2012+2.6%
Q2 2012-7.6%
Q4 2011+0.0%
Q3 2011

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