Cytosorbents Corporation (CTSO)

NASDAQ: CTSO · IEX Real-Time Price · USD
0.841
+0.031 (3.79%)
May 1, 2024, 4:30 PM EDT - Market closed
3.79%
Market Cap 45.64M
Revenue (ttm) 36.35M
Net Income (ttm) -28.51M
Shares Out 54.29M
EPS (ttm) -0.64
PE Ratio n/a
Forward PE 7.73
Dividend n/a
Ex-Dividend Date n/a
Volume 105,212
Open 0.832
Previous Close 0.810
Day's Range 0.810 - 0.864
52-Week Range 0.782 - 4.290
Beta 0.59
Analysts Buy
Price Target 2.50 (+197.37%)
Earnings Date May 9, 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 2 analysts, the average rating for CTSO stock is "Buy." The 12-month stock price forecast is $2.5, which is an increase of 197.37% from the latest price.

Price Target
$2.5
(197.37% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

5 days 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...

14 days ago - GlobeNewsWire

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...

6 weeks 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...

2 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...

2 months ago - GlobeNewsWire

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Cytosorbents Corporation - CTSO

NEW YORK , Jan. 30, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Cytosorbents Corporation ("Cytosorbents" or the "Company") (NASDAQ: CTSO). Such investors are a...

3 months ago - PRNewsWire

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

3 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...

4 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...

5 months ago - GlobeNewsWire

CytoSorbents Reports Third Quarter 2023 Financial and Operational Results

Q3 2023 Product sales grew 20% to $7.8M versus $6.5M in Q3 2022. Q3 2023 Total revenue was approximately $8.8M. The pivotal STAR-T trial remains blinded with database lock nearing and initial data ana...

6 months ago - GlobeNewsWire

CytoSorbents to Report Third Quarter 2023 Operating and Financial Results

PRINCETON, N.J., Oct. 27, 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...

6 months ago - GlobeNewsWire

CytoSorbents to Present at the 8th Annual Dawson James Conference

PRINCETON, N.J., Oct. 05, 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...

7 months ago - GlobeNewsWire

CytoSorbents Highlights Upcoming Presentations at EACTS 2023: Focus on Antithrombotic Removal including the 2nd Analysis of the International STAR Registry

CytoSorbents summarizes real-world data from STAR Registry analysis being presented next week at European Association of Cardio-Thoracic Surgery Congress

7 months ago - GlobeNewsWire

CytoSorbents Announces Kathleen P. Bloch To Resume as Full-Time Chief Financial Officer

PRINCETON, N.J., Sept. 19, 2023 (GLOBE NEWSWIRE) -- CytoSorbents Corporation (NASDAQ: CTSO), a critical care therapy leader commercializing its CytoSorb® blood purification technology to treat cytokin...

8 months ago - GlobeNewsWire

CytoSorb with Ex Vivo Organ Perfusion: Transforming the Future of Solid Organ Transplantation

In the first human retrospective study, CytoSorb and ex vivo lung perfusion prior to lung transplant increased in-hospital and one-year survival In the first human retrospective study, CytoSorb and ex...

8 months ago - GlobeNewsWire

CytoSorbents Announces Resignation of Chief Financial Officer Alexander D'Amico

PRINCETON, N.J., Sept. 01, 2023 (GLOBE NEWSWIRE) -- CytoSorbents Corporation (NASDAQ: CTSO), a leader in the treatment of life-threatening conditions in intensive care and cardiac surgery using blood ...

8 months ago - GlobeNewsWire

CytoSorbents Granted Expanded ANVISA Registration to Treat Shock with CytoSorb in Brazil

Advances CytoSorb as a Potentially Revolutionary Therapeutic Advance to Reverse Deadly Shock in Critically Ill and Cardiac Surgery Patients Advances CytoSorb as a Potentially Revolutionary Therapeutic...

8 months ago - GlobeNewsWire

CytoSorbents Completes U.S. and Canadian STAR-T Pivotal Trial

Readout of topline results expected before year-end on FDA Breakthrough Device, DrugSorb-ATR.  Sets stage for potential regulatory submission to FDA and Health Canada as the first reversal agent for t...

9 months ago - PRNewsWire

CytoSorbents Reports Second Quarter 2023 Financial and Operational Results

Q2 2023 Total Revenue was $9.4 million, an 11% increase from $8.5 million in Q2 2022. Product sales rose 10% to $8.1 million vs $7.3 million in Q2 2022.

9 months ago - GlobeNewsWire

CytoSorbents to Report Second Quarter 2023 Operating and Financial Results

PRINCETON, N.J., July 26, 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...

10 months ago - GlobeNewsWire

CytoSorbents Appoints Alexander D'Amico as Chief Financial Officer

PRINCETON, N.J., July 19, 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...

10 months ago - GlobeNewsWire

CytoSorbents Completes Enrollment of the STAR-T Pivotal Trial

PRINCETON, N.J., July 07, 2023 (GLOBE NEWSWIRE) -- CytoSorbents Corporation (NASDAQ: CTSO), a leader in the treatment of life-threatening conditions in intensive care and cardiac surgery using blood p...

10 months ago - GlobeNewsWire

CytoSorbents Reports First Quarter 2023 Results

Pivotal U.S. and Canada STAR-T Trial enrollment enters the last third of the study. Strong customer demand from Q4 2022 continued into Q1 2023, with current expectation of overall sales growth in 2023...

1 year ago - GlobeNewsWire

CytoSorbents to Report First Quarter 2023 Operating and Financial Results

MONMOUTH JUNCTION, N.J., April 26, 2023 (GLOBE NEWSWIRE) -- CytoSorbents Corporation (NASDAQ: CTSO), a leader in the treatment of life-threatening conditions in the intensive care unit and cardiac sur...

1 year ago - GlobeNewsWire

CytoSorbents Announces Board Chairman Al W. Kraus To Retire

PRINCETON, N.J., April 19, 2023 (GLOBE NEWSWIRE) -- CytoSorbents Corporation (NASDAQ: CTSO), a leader in the treatment of life-threatening conditions in the intensive care unit and cardiac surgery usi...

1 year ago - GlobeNewsWire