Nephros (NASDAQ:NEPH) Posts Earnings Results, Beats Expectations By $0.04 EPS

Nephros (NASDAQ:NEPH) released its quarterly earnings data on Monday. The company reported $0.03 EPS for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.04, Zacks reports. The firm had revenue of $3.87 million during the quarter, compared to analysts’ expectations of $3.67 million. Nephros had a negative net margin of 6.86% and a negative return on equity of 11.39%.

Nephros Price Performance

NEPH opened at $1.56 on Wednesday. The business has a fifty day simple moving average of $1.57 and a 200 day simple moving average of $1.57. Nephros has a 1 year low of $1.36 and a 1 year high of $2.55. The company has a market capitalization of $16.45 million, a PE ratio of -17.33 and a beta of 1.19.

About Nephros

Nephros, Inc, a commercial-stage company, develops and sells water solutions to the medical and commercial markets in the United States. It offers ultrafiltration products that are used in dialysis centers for the removal of biological contaminants from water and bicarbonate concentrate; and in hospitals for the prevention of infection from waterborne pathogens, such as legionella and pseudomonas, as well as in military and outdoor recreation, commercial, and other healthcare facilities.