NASDAQ$NUWE

Nuwellis Inc · Q2 2020 earnings

Q2 2020 earnings · · Investor relations

Briefing

Announced a 14 Percent Increase in Revenue for Second Quarter 2020 Over Previous Quarter

CHF Solutions, Inc. reported a revenue of $1.9 million for the second quarter ended June 30, 2020, representing an 11% increase compared to the same period last year and a 14% increase from the first quarter of 2020. The company ended the quarter with $7.8 million in cash and no debt.

  • Revenue for the second quarter ended June 30, 2020, was $1.9 million, an increase of 14 percent from the first quarter of 2020 and 11 percent compared to the same period of the prior year.
  • Hosted two physician-led webinars on treatment of critically ill, COVID-19 patients.
  • Announced partnership for a pediatric registry.
  • Ended the quarter with $7.8 million in cash and no debt.

Headline financials

Total Revenue

$1.86M

Previous: $1.68M+11.1%
EPS (adj)

-$3.50

Previous: -$67.55+94.8%
Capital Expenditures

-$69K

Previous: -$158K+56.3%
Free Cash Flow

-$3.99M

Previous: -$4.59M+13.0%
Net Income

-$3.92M

Previous: -$4.43M+11.5%
Operating Income

-$3.92M

Previous: -$4.43M+11.5%
Gross Profit

$1.2M

Previous: $842K+42.4%
Cash & Equivalents

$7.82M

No prior period
Total Assets

$13.1M

No prior period
Stock-Based Comp

$347K

No prior period

Revenue & EPS history

Nuwellis · Revenue · Quarterly

$1.86M

Q2 2020+11.1%vs Q2 2019
Beat estimate in 8 of 14 quarters(57%)
ActualEstimate

Forward guidance

The company remains optimistic about the value they can bring to their customers and investors, despite uncertainty 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 Q2 2020

Historical avgQ2 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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