How did NEPH's Q4 2024 forecast compare to past quarters?
4/9/2025 02:33pm
Nephros (NEPH) faced a challenging fourth quarter in 2024, with forecasted revenue significantly lower than the previous quarter's estimates. Here's a comparison of the estimated revenue for Q4 2024 with the previous three quarters:
1. **Q4 2024**: The estimated revenue for Q4 2024 was $3.5 million.
2. **Q3 2024**: The estimated revenue for Q3 2024 was $3.85 million.
3. **Q2 2024**: There are no available estimates for Q2 2024, but the estimated revenue for Q3 2024 was higher than Q2 2024, indicating a potential decline in revenue from Q2 to Q3.
4. **Q1 2024**: There are no available estimates for Q1 2024, but given that Q3's revenue was $3.85 million, it suggests that Q1's revenue might have been even lower than Q4's $3.5 million, if any estimates were made.
The data indicates a concerning trend of potentially decreasing revenue from the previous quarter, with Q4's estimates being the lowest among the four quarters. This could signal operational challenges or market conditions that affected Nephros' financial performance during this period.