Water filtration provider Nephros' Q4 revenue rises on strong reorder activity
Overview
Water filtration provider's Q4 revenue rose 22% yr/yr to $4.7 mln
Net income for Q4 declined to $62,000 from $349,000 a year earlier
Q4 gross margin fell to 58% from 64%
Outlook
Company says U.S. tariff policy remains unpredictable, creating uncertainty for future margin impacts
Result Drivers
REORDER ACTIVITY AND NEW SITES - Co said Q4 revenue growth was driven by strong reorder activity and the addition of several new active sites
TARIFF IMPACT - Gross margin declined in Q4 due to tariffs on goods imported from Italy
Company press release: ID:nGNX33MypR
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Beat | $4.7 mln | $4.45 mln (2 Analysts) |
Q4 Gross Margin |
| 58% |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the environmental services & equipment peer group is "buy"
Wall Street's median 12-month price target for Nephros Inc is $7.00, about 78.1% above its March 11 closing price of $3.93
The stock recently traded at 26 times the next 12-month earnings vs. a P/E of 33 three months ago
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