Cytosorbents Corporation (CTSO)

NASDAQ: CTSO · Real-Time Price · USD
1.030
+0.010 (0.98%)
Apr 17, 2025, 4:00 PM EDT - Market closed
0.98%
Market Cap 64.38M
Revenue (ttm) 35.59M
Net Income (ttm) -20.72M
Shares Out 62.50M
EPS (ttm) -0.38
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 48,720
Open 1.020
Previous Close 1.020
Day's Range 1.020 - 1.020
52-Week Range 0.700 - 1.610
Beta 1.17
Analysts Strong Buy
Price Target 4.67 (+353.4%)
Earnings Date May 8, 2025

About CTSO

Cytosorbents Corporation engages in the research, development, and commercialization of medical devices with its blood purification technology platform incorporating a proprietary adsorbent and porous polymer technology in the United States, Germany, and internationally. It’s flagship product is CytoSorb, an extracorporeal blood purification cartridge for the treatment of massive inflammation, organ failure, cardiothoracic surgery to remove antithrombotic drugs and inflammatory mediators that can lead to postoperative complications, such as sev... [Read more]

Industry Medical Devices
Sector Healthcare
Founded 1997
Employees 149
Stock Exchange NASDAQ
Ticker Symbol CTSO
Full Company Profile

Financial Performance

In 2024, Cytosorbents's revenue was $35.59 million, an increase of 14.51% compared to the previous year's $31.08 million. Losses were -$20.72 million, -29.16% less than in 2023.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for CTSO stock is "Strong Buy." The 12-month stock price forecast is $4.67, which is an increase of 353.40% from the latest price.

Price Target
$4.67
(353.40% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

CytoSorbents Appoints Melanie Grossman, CPA as Vice President and Corporate Controller

Ms. Grossman brings 25 years of accomplished finance and accounting experience in global, publicly-traded companies Company announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4) PRINCETON, N...

2 days ago - PRNewsWire

CytoSorbents Appoints Thomas Shannon as Vice President of Marketing for North America

PRINCETON, N.J. , April 14, 2025 /PRNewswire/ -- CytoSorbents Corporation (NASDAQ: CTSO), a leader in the treatment of life-threatening conditions in the intensive care unit and cardiac surgery using ...

5 days ago - PRNewsWire

CytoSorbents Extends Expiration Date of Outstanding Series B Right Warrants

PRINCETON, N.J. , April 4, 2025 /PRNewswire/ -- CytoSorbents Corporation (NASDAQ: CTSO), a leader in the treatment of life-threatening conditions in the intensive care unit and cardiac surgery using b...

15 days ago - PRNewsWire

Cytosorbents Corporation (CTSO) Q4 2024 Earnings Call Transcript

Cytosorbents Corporation (NASDAQ:CTSO) Q4 2024 Earnings Conference Call March 31, 2025 4:30 PM ET Company Participants Adanna Alexander – IR Phillip Chan - CEO & Director Peter Mariani - CFO Conferen...

18 days ago - Seeking Alpha

CytoSorbents Reports Fourth Quarter and Full Year 2024 Financial Results and Recent Business Highlights

2024 marked by strong commercial execution and improved operating leverage Company continues to expect DrugSorb-ATR regulatory decisions from Health Canada and US FDA in 2025 Successful Rights Offerin...

18 days ago - PRNewsWire

CytoSorbents Reschedules Earnings Release to March 31, 2025 to Allow Additional Time to Complete Annual Audit

The Company reaffirms previously provided preliminary financial results for the quarter and full year ended December 31, 2024, and continues to expect regulatory decisions on DrugSorb™-ATR marketing a...

4 weeks ago - PRNewsWire

CytoSorbents Postpones Earnings Release to Allow More Time to Complete Annual Audit Following the Passing of Corporate Controller

PRINCETON, N.J., March 04, 2025 (GLOBE NEWSWIRE) -- CytoSorbents Corporation (NASDAQ: CTSO), a leader in the treatment of life-threatening conditions in the intensive care unit and cardiac surgery usi...

6 weeks ago - GlobeNewsWire

CytoSorbents Reports Preliminary Unaudited Fourth Quarter and Full-Year 2024 Product Revenue

Fourth quarter product revenue growth estimated at 22% to 25% year-over-year Fourth quarter gross margin estimated to improve to approximately 70% Management will host in-person investor meetings in S...

3 months ago - GlobeNewsWire

CytoSorbents to Host Investor Meetings in San Francisco During J.P. Morgan Healthcare Conference Week

PRINCETON, N.J., Dec. 12, 2024 (GLOBE NEWSWIRE) -- CytoSorbents Corporation (NASDAQ: CTSO), a leader in the treatment of life-threatening conditions in the intensive care unit and cardiac surgery usin...

4 months ago - GlobeNewsWire

CytoSorbents And Converge Biotech Announce Strategic Partnership to Expand Sepsis and Critical Care Treatment with CytoSorb in India

PRINCETON, N.J. and HYDERABAD, India, Nov. 11, 2024 (GLOBE NEWSWIRE) -- CytoSorbents Corporation (NASDAQ: CTSO), a leader in the treatment of life-threatening conditions in the intensive care unit (IC...

5 months ago - GlobeNewsWire

Cytosorbents Corporation (CTSO) Q3 2024 Earnings Call Transcript

Cytosorbents Corporation (NASDAQ:CTSO) Q3 2024 Earnings Conference Call November 7, 2024 4:30 PM ET Company Participants Adanna Alexander - IR Phillip Chan - CEO & Director Peter Mariani - CFO Confer...

5 months ago - Seeking Alpha

CytoSorbents Submits DrugSorb-ATR Marketing Application to U.S. FDA to Reduce the Severity of Bleeding in Heart Bypass Surgery Patients on the Blood Thinner Ticagrelor and Provides Business Update

CytoSorbents files for FDA De Novo marketing approval of DrugSorb-ATR to reduce the severity of CABG-related bleeding due to the blood thinner ticagrelor

7 months ago - GlobeNewsWire

CytoSorbents to Present at the H.C. Wainwright 26ᵗʰ Annual Global Investment Conference

PRINCETON, N.J., Aug. 27, 2024 (GLOBE NEWSWIRE) -- CytoSorbents Corporation (NASDAQ: CTSO), a leader in the treatment of life-threatening conditions in the intensive care unit and cardiac surgery usin...

8 months ago - GlobeNewsWire

CytoSorbents Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

PRINCETON, N.J., Aug. 16, 2024 (GLOBE NEWSWIRE) -- CytoSorbents Corporation (NASDAQ: CTSO), a leader in the treatment of life-threatening conditions in the intensive care unit and cardiac surgery usin...

8 months ago - GlobeNewsWire

Cytosorbents Corporation (CTSO) Q2 2024 Earnings Call Transcript

Cytosorbents Corporation (NASDAQ:CTSO) Q2 2024 Earnings Conference Call August 13, 2024 4:30 PM ET Company Participants Eric Ribner - IR Phillip Chan - CEO Kathleen Bloch - CFO Vincent Capponi - Pres...

8 months ago - Seeking Alpha

CytoSorbents Reports Second Quarter 2024 Financial and Operational Results

PRINCETON, N.J., Aug. 13, 2024 (GLOBE NEWSWIRE) -- CytoSorbents Corporation (NASDAQ: CTSO), a pioneer in critical care and cardiac surgery blood purification technologies, today reported unaudited fin...

8 months ago - GlobeNewsWire

CytoSorbents Appoints Peter J. Mariani Chief Financial Officer

PRINCETON, N.J., Aug. 13, 2024 (GLOBE NEWSWIRE) -- CytoSorbents Corporation (NASDAQ: CTSO), a leader in the treatment of life-threatening conditions in the intensive care unit and cardiac surgery usin...

8 months ago - GlobeNewsWire

CytoSorbents to Report Second Quarter 2024 Operating and Financial Results

PRINCETON, N.J., Aug. 07, 2024 (GLOBE NEWSWIRE) -- CytoSorbents Corporation (NASDAQ: CTSO), a leader in the treatment of life-threatening conditions in the intensive care unit and cardiac surgery usin...

9 months ago - GlobeNewsWire

CytoSorbents Announces Compliance with Nasdaq Minimum Bid Price Requirement

PRINCETON, N.J., Aug. 01, 2024 (GLOBE NEWSWIRE) -- CytoSorbents Corporation (NASDAQ: CTSO), a leader in the treatment of deadly conditions in the intensive care unit and cardiac surgery using blood pu...

9 months ago - GlobeNewsWire

CytoSorbents Unveils Newly Redesigned, Unified Company and Product Website

PRINCETON, N.J., July 30, 2024 (GLOBE NEWSWIRE) -- CytoSorbents Corporation (NASDAQ: CTSO), a leader in the treatment of deadly conditions in the intensive care unit and cardiac surgery using blood pu...

9 months ago - GlobeNewsWire

CytoSorbents to Present at the Inaugural American Association of Physicians of Indian Origin (AAPI) World Health Congress

CytoSorbents CEO Dr. Phillip Chan to highlight its innovative critical care and cardiac surgery blood purification therapy at AAPI Conference this weekend

9 months ago - GlobeNewsWire

CytoSorbents Secures $20 Million Credit Facility

PRINCETON, N.J., July 02, 2024 (GLOBE NEWSWIRE) -- CytoSorbents Corporation (NASDAQ: CTSO), a leader in the treatment of life-threatening conditions in the intensive care unit and cardiac surgery usin...

10 months ago - GlobeNewsWire

CytoSorbents to Host its 2024 Virtual Annual Stockholders Meeting

PRINCETON, N.J., June 05, 2024 (GLOBE NEWSWIRE) -- CytoSorbents Corporation (NASDAQ: CTSO), a leader in the treatment of life-threatening conditions in the intensive care unit and cardiac surgery usin...

11 months ago - GlobeNewsWire

Cytosorbents Corporation (CTSO) Q1 2024 Earnings Call Transcript

Cytosorbents Corporation (NASDAQ:CTSO) Q1 2024 Earnings Conference Call May 9, 2024 4:30 PM ET Company Participants Eric Ribner - Investor Relations Phil Chan - Chief Executive Officer Vincent Cappon...

1 year ago - Seeking Alpha

CytoSorbents Reports First Quarter 2024 Results

Product Sales up a robust 14% over prior year, and a significant 22% sequentially We believe the STAR-T data presented at AATS support a favorable benefit-to-risk profile of DrugSorb-ATR in coronary a...

1 year ago - GlobeNewsWire