Cytosorbents Corporation (CTSO)

NASDAQ: CTSO · Real-Time Price · USD
0.916
-0.044 (-4.54%)
Nov 20, 2024, 4:00 PM EST - Market closed
-4.54%
Market Cap 50.08M
Revenue (ttm) 37.74M
Net Income (ttm) -18.67M
Shares Out 54.68M
EPS (ttm) -0.36
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 102,217
Open 0.930
Previous Close 0.960
Day's Range 0.910 - 0.965
52-Week Range 0.700 - 2.150
Beta 0.56
Analysts Strong Buy
Price Target 4.67 (+409.88%)
Earnings Date Nov 7, 2024

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. Its flagship product is CytoSorb, an extracorporeal cytokine adsorber for adjunctive therapy in the treatment of sepsis, adjunctive therapy in other critical care applications, prevention, and treatment of perioperative complications, and maintaining or enhancing the quality of... [Read more]

Industry Medical Devices
Sector Healthcare
Founded 1997
Employees 186
Stock Exchange NASDAQ
Ticker Symbol CTSO
Full Company Profile

Financial Performance

In 2023, Cytosorbents's revenue was $36.35 million, an increase of 4.79% compared to the previous year's $34.69 million. Losses were -$28.51 million, -13.12% less than in 2022.

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 409.88% from the latest price.

Price Target
$4.67
(409.88% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

9 days 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...

11 days 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 weeks 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...

3 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...

3 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...

3 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...

3 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...

3 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...

3 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...

4 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...

4 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

4 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...

5 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...

6 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...

6 months 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...

6 months ago - GlobeNewsWire

CytoSorbents to Report First Quarter 2024 Operating and Financial Results

PRINCETON, N.J., April 26, 2024 (GLOBE NEWSWIRE) -- CytoSorbents Corporation (NASDAQ: CTSO), a leader in the treatment of life-threatening conditions in the intensive care unit and cardiac surgery usi...

7 months ago - GlobeNewsWire

STAR-T Pivotal Trial Results to Be Featured as a Late-Breaking Presentation at the 2024 American Association for Thoracic Surgery Annual Meeting

PRINCETON, N.J., April 17, 2024 (GLOBE NEWSWIRE) -- CytoSorbents Corporation (NASDAQ: CTSO), a leader in the treatment of life-threatening conditions in the intensive care unit and cardiac surgery usi...

7 months ago - GlobeNewsWire

CytoSorbents Corporation (CTSO) Q4 2023 Earnings Call Transcript

CytoSorbents Corporation (CTSO) Q4 2023 Earnings Call Transcript

8 months ago - Seeking Alpha

CytoSorbents Reports Fourth Quarter and Full Year 2023 Results

STAR-T trial results selected for a Breakout Presentation at the American Association of Thoracic Surgery Annual Meeting in late-April 2024 CytoSorbents intends to submit DrugSorb-ATR for regulatory a...

8 months ago - GlobeNewsWire

CytoSorbents to Report Fiscal 2023 Operating and Financial Results

PRINCETON, N.J., March 06, 2024 (GLOBE NEWSWIRE) -- CytoSorbents Corporation (NASDAQ: CTSO), a leader in the treatment of life-threatening conditions in the intensive care unit and cardiac surgery usi...

9 months ago - GlobeNewsWire

CytoSorbents to Present at the TD Cowen 44th Annual Health Care Conference

PRINCETON, N.J., Feb. 08, 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

Groundbreaking Randomized Controlled Trial Reports Excellent Clinical Outcomes Using CytoSorb® Intraoperatively in Heart Transplant Patients

CytoSorb Blood Purification Results in Significant Decrease in Organ Failure and Dysfunction in Groundbreaking Heart Transplant Randomized Controlled Trial

11 months ago - GlobeNewsWire

CytoSorbents Provides Update on the STAR-T Trial and Reports Final Independent Data and Safety Monitoring Board Recommendation

PRINCETON, N.J., Dec. 28, 2023 (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 Announces Closing of $10.3 Million Registered Direct Offering

PRINCETON, N.J., Dec. 13, 2023 (GLOBE NEWSWIRE) -- CytoSorbents Corporation (NASDAQ: CTSO), a leader in the treatment of life-threatening conditions in the intensive care unit and cardiac surgery usin...

1 year ago - GlobeNewsWire