NASDAQ$NUWE

Nuwellis Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

CHF Solutions reported a strong increase in revenue and gross margin for the fourth quarter of 2020.

CHF Solutions, Inc. reported a 49.5% increase in revenue for the fourth quarter of 2020, reaching $2 million. The company's gross margin also improved to 56.1%. The growth was driven by increased utilization in critical care and pediatric accounts. The net loss for the quarter was $3.1 million.

  • Revenue for Q4 2020 increased by 49.5% year-over-year to $2 million.
  • Gross margin for Q4 2020 improved to 56.1% from 50.8% in the prior year period.
  • Critical Care revenue benefited from increased utilization in hospitals treating COVID-19 patients.
  • Cash and cash equivalents totaled $14.4 million with no debt as of December 31, 2020.

Headline financials

Total Revenue

$2.04M

Previous: $1.37M+49.5%
EPS (adj)

-$39.55

Previous: -$39.20-0.9%
Capital Expenditures

$91K

No prior period
Free Cash Flow

-$3.5M

No prior period
Net Income

-$3.09M

Previous: -$4.45M+30.6%
Operating Income

-$4.29M

Previous: -$4.45M+3.6%
Gross Profit

$1.15M

No prior period
Cash & Equivalents

$14.4M

Previous: $1.28M+1025.9%
Total Assets

$20M

No prior period
Stock-Based Comp

$313K

No prior period

Revenue & EPS history

Nuwellis · Revenue · Quarterly

$2.04M

Q4 2020+49.5%vs Q4 2019
Beat estimate in 8 of 14 quarters(57%)
ActualEstimate

Forward guidance

The company anticipates accelerating sales growth as a leading and primary provider of ultrafiltration therapy to various specialists when healthcare systems return to some level of the new normal.

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 Q4 2020

Historical avgQ4 2020

-5.5%

Avg return

Earnings day

-10.5%

Avg return

5 days after

-18.5%

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%-86.3%
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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