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Nephros Reports 2020 Fourth Quarter and Full Year Financial Results
March 01, 2021 16:15 ET | Source: Nephros, Inc. Nephros, Inc.
Full Year Revenue $8.6 million, Down 17% Against Prior Year
SOUTH ORANGE, NJ, March 01, 2021 (GLOBE NEWSWIRE) via NewMediaWire Nephros, Inc. (Nasdaq:NEPH), a leading water technology company providing filtration and pathogen detection solutions to the medical and commercial markets, today announced financial results for the fourth quarter and full year ended December 31, 2020.
Financial Highlights
Net revenue was $2.3 million, compared with $3.2 million in 2019, down 26%
Net loss was ($298,000), compared with net income of $234,000 in 2019
Adjusted EBITDA was ($11,000), compared with $747,000 in 2019
Fourth Quarter Ended December 31, 2020 – Consolidated
Net revenue was $2.3 million, compared with $3.2 million in 2019, down 26%