Nuwellis Q2 FY26 net loss narrows to $4.83 million; net sales rise 14% to $2 million
Reuters2026/08/13 12:04- Nuwellis posted Q2 net sales of USD 2 million, up 14% year over year; gross margin widened 20 percentage points to 76%.
- Net loss narrowed to USD 4.83 million; basic and diluted loss per share improved to USD 26.64.
- Operating expenses rose to USD 4.67 million from planned commercial expansion and product development investments.
- Console placements climbed to nine in the quarter, expanding the installed base for future circuit utilization.
- Raised USD 12.7 million in gross proceeds from June and July financings and warrant exercises, extending cash runway through Q2 2027.
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