Nuwellis, Inc. (NUWE)
Market Cap | 5.87M |
Revenue (ttm) | 8.54M |
Net Income (ttm) | -14.53M |
Shares Out | 1.21M |
EPS (ttm) | -83.55 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 26,719 |
Open | 4.81 |
Previous Close | 4.80 |
Day's Range | 4.81 - 5.10 |
52-Week Range | 4.52 - 185.00 |
Beta | 0.28 |
Analysts | Buy |
Price Target | 22.44 (+361.73%) |
Earnings Date | May 8, 2023 |
About NUWE
Nuwellis, Inc., a medical device company, focuses on developing, manufacturing, and commercializing medical devices used in ultrafiltration therapy. The company's products are the Aquadex FlexFlow and Aquadex SmartFlow systems, which are indicated for the treatment of patients suffering from fluid overload who have failed diuretics. Its Aquadex FlexFlow system includes a console, disposable blood set, and catheter. The company sells its products to hospitals and clinics through its direct salesforce in the United States; and through independent... [Read more]
Financial Performance
In 2022, Nuwellis's revenue was $8.54 million, an increase of 7.85% compared to the previous year's $7.92 million. Losses were -$14.53 million, -25.72% less than in 2021.
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for NUWE stock is "Buy." The 12-month stock price forecast is $22.44, which is an increase of 361.73% from the latest price.
News

Nuwellis Announces Peer-Reviewed Publication of Clinical Trials Analysis Advocating the Use of Ultrafiltration for Heart Failure Patients Resistant to Diuretics
MINNEAPOLIS, March 21, 2023 (GLOBE NEWSWIRE) -- Nuwellis, Inc. (Nasdaq: NUWE), a medical technology company focused on transforming the lives of people with fluid overload, today announced the peer-re...

Nuwellis, Inc. Announces Fourth Quarter and Full Year 2022 Financial Results
Q4 Revenue Up 42%; Expansion of Clinical Evidence Sets Stage for 2023 Growth Q4 Revenue Up 42%; Expansion of Clinical Evidence Sets Stage for 2023 Growth

Nuwellis to Present at the Oppenheimer 33rd Annual Healthcare Conference
MINNEAPOLIS, Feb. 23, 2023 (GLOBE NEWSWIRE) -- Nuwellis, Inc. (Nasdaq: NUWE), a medical technology company focused on transforming the lives of people with fluid overload, today announced that Nestor ...

Nuwellis, Inc. To Announce Fourth Quarter and Full Year 2022 Financial Results on February 28, 2023
MINNEAPOLIS, Feb. 07, 2023 (GLOBE NEWSWIRE) -- Nuwellis, Inc. (Nasdaq: NUWE), a medical technology company focused on transforming the lives of people with fluid overload, announced today that its fou...

Nuwellis Reports Preliminary Fourth Quarter and Full Year 2022 Revenue Results
MINNEAPOLIS, Jan. 09, 2023 (GLOBE NEWSWIRE) -- Nuwellis, Inc. (Nasdaq: NUWE) (“Nuwellis” or the “Company”), a medical technology company focused on transforming the lives of people with fluid overload...

Nuwellis Appoints Dr. John Jefferies as Chief Medical Officer
Dr. Jefferies brings over two decades of cardiology and heart failure expertise to Nuwellis as the Company expands clinical evidence supporting the use of ultrafiltration for people with fluid overloa...

Nuwellis, Inc. Announces Passage of Warrant Proposal
MINNEAPOLIS, Jan. 04, 2023 (GLOBE NEWSWIRE) -- Nuwellis, Inc. (Nasdaq: NUWE), a medical technology company focused on transforming the lives of people with fluid overload, today announced that the Com...

SeaStar Medical and Nuwellis Enter into a U.S. License and Distribution Agreement for SeaStar Medical's Selective Cytopheretic Device (SCD) for Pediatric Acute Kidney Injury (AKI)
Approximately 4,000 children in the U.S. with AKI require Continuous Kidney Replacement Therapy (CKRT) Approximately 4,000 children in the U.S. with AKI require Continuous Kidney Replacement Therapy (...

Nuwellis, Inc. Announces Compliance With Nasdaq Listing Requirements
MINNEAPOLIS, Dec. 27, 2022 (GLOBE NEWSWIRE) -- Nuwellis, Inc. (Nasdaq: NUWE), a medical technology company focused on transforming the lives of people with fluid overload, today announced that on Dece...

Nuwellis, Inc. Announces Adjournment of Special Meeting of Stockholders Due to Lack of Quorum
MINNEAPOLIS, Dec. 08, 2022 (GLOBE NEWSWIRE) -- Nuwellis, Inc. (Nasdaq: NUWE), a medical technology company focused on transforming the lives of people with fluid overload, today announced that the Com...

Nuwellis, Inc. Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
MINNEAPOLIS, Nov. 18, 2022 (GLOBE NEWSWIRE) -- Nuwellis, Inc. (Nasdaq: NUWE), today announced that, effective November 15, 2022, the independent directors approved equity awards under Nuwellis' 2021 I...

Nuwellis, Inc. Reports Third Quarter 2022 Financial Results
MINNEAPOLIS, Nov. 08, 2022 (GLOBE NEWSWIRE) -- Nuwellis, Inc. (Nasdaq: NUWE), a medical technology company focused on transforming the lives of people with fluid overload, today reported financial res...

Nuwellis, Inc. To Announce Third Quarter 2022 Financial Results on November 8, 2022
MINNEAPOLIS, Oct. 19, 2022 (GLOBE NEWSWIRE) -- Nuwellis, Inc. (NASDAQ: NUWE) announced today that its third quarter 2022 financial results will be released on Tuesday, November 8, 2022. The company wi...

Nuwellis Announces Appointment of Chief Financial Officer
Lynn Blake to serve as Chief Financial Officer Lynn Blake to serve as Chief Financial Officer

Nuwellis Announces Closing of $11.04 Million Underwritten Public Offering Including Full Exercise of Overallotment Option
MINNEAPOLIS, Oct. 18, 2022 (GLOBE NEWSWIRE) -- Nuwellis, Inc. (Nasdaq: NUWE) ("Nuwellis" or the "Company"), a commercial-stage company focused on transforming the lives of people with fluid overload, ...

Nuwellis Announces Pricing of $9.6 Million Upsized Underwritten Public Offering
MINNEAPOLIS, Oct. 14, 2022 (GLOBE NEWSWIRE) -- Nuwellis, Inc. (Nasdaq: NUWE) (“Nuwellis” or the “Company”), a commercial-stage company focused on transforming the lives of people with fluid overload, ...

Nuwellis Announces Data Demonstrating Statistically Superior Clinical Benefit of Aquadex Therapy in Reducing Heart Failure Events and Mortality at the 2022 HFSA Meeting
Statistically Significant Reduction in CV Mortality and HF Rehospitalizations as Compared to IV Diuretics at 30 and 90 Days Statistically Significant Reduction in CV Mortality and HF Rehospitalization...

Nuwellis Announces the Activation of New Sites for Its Pivotal REVERSE-HF Trial
REVERSE-HF will evaluate ultrafiltration therapy in comparison to IV diuretics to treat heart failure patients with fluid overload REVERSE-HF will evaluate ultrafiltration therapy in comparison to IV ...

Why Is Nuwellis (NUWE) Stock Up 110% Today?
In a fresh news release, Nuwellis (NASDAQ: NUWE) announced encouraging clinical data related to proprietary technology that could be deployed in cardiac surgery. The results were released in the Jour...

U.S. Patent and Trademark Office Awards Nuwellis Patent for Innovative Pediatric Technology
Enabling improved fluid balance and safety when performing dialysis and hemofiltration in pediatrics and neonates Enabling improved fluid balance and safety when performing dialysis and hemofiltration...

Nuwellis, Inc. Reports Inducement Grants Under NASDAQ Listing Rule 5635(c)(4)
MINNEAPOLIS, Aug. 19, 2022 (GLOBE NEWSWIRE) -- Nuwellis, Inc. (NASDAQ: NUWE), today announced that, effective August 18, 2022, the independent directors approved equity awards under Nuwellis' 2021 Ind...

Nuwellis Inc. to Present at the Inaugural Gilmartin Group Emerging Growth Company Showcase
MINNEAPOLIS, Aug. 19, 2022 (GLOBE NEWSWIRE) -- Nuwellis, Inc. (Nasdaq: NUWE) today announced the company will present at the upcoming Inaugural Gilmartin Group Emerging Growth Company Showcase, taking...

Nuwellis, Inc. Announces Second Quarter 2022 Financial Results
MINNEAPOLIS, Aug. 09, 2022 (GLOBE NEWSWIRE) -- Nuwellis, Inc. (Nasdaq: NUWE) announced today its results for the second quarter ended June 30, 2022, which included the following highlights:

Nuwellis Announces the Submission of the AVOID-HF Clinical Analysis as a Late Breaking Clinical Trial at HFSA
The Finkelstein-Schoenfeld Method of Win Ratios Analysis Provides New Insights Into Superiority of Ultrafiltration over Diuretics in Treating Fluid Overloaded Heart Failure Patients Resistant to Diure...

Nuwellis, Inc. To Announce Second Quarter 2022 Financial Results on August 9, 2022
MINNEAPOLIS, July 14, 2022 (GLOBE NEWSWIRE) -- Nuwellis, Inc. (NASDAQ: NUWE) announced today that its second quarter 2022 financial results will be released on Tuesday, August 9, 2022. The company wil...