Nephros, Inc. Reports Record First Quarter Revenue Growth of 38%
Nephros, Inc. achieves record first-quarter revenue growth of 38% with $4.9 million in net revenue. The company reports net income of $558,000 and an improved adjusted EBITDA of $667,000, signaling strong market adoption and operational momentum.
This news matters as it showcases Nephros, Inc.'s impressive financial performance and strategic growth in the water technology market. Investors and stakeholders can gain insights into the company's revenue increase, net income turnaround, and future outlook, demonstrating Nephros' position as a leader in filtration solutions.
