Alternatively, you may access the live conference call by dialing (877) 303-9826 (U.S.) or (224) 357-2194 (international) and using conference ID: 6097367. Operating expenses for the third quarter of 2020 were $5.1 million, a decrease of 1.6% compared to the prior year period. EDEN PRAIRIE, Minn. , Sept. 23, 2020 (GLOBE NEWSWIRE) -- CHF Solutions (Nasdaq: CHFS), a medical device company dedicated to improving the lives of patients suffering from fluid overload conditions, today announced it will be providing testimony to the U.S. EDEN PRAIRIE, Minn. , Sept. 11, 2020 (GLOBE NEWSWIRE) -- CHF Solutions (Nasdaq: CHFS), a medical device company dedicated to changing the lives of patients suffering from fluid overload, today announced the company will participate in Lake Street Capital Markets’ 4 th Annual Best Ideas Growth. The positive results of this meta-analysis, which included CHF Solutions… The slight decrease in operating expenses was primarily due reduced product development costs compared to the prior year period. During the quarter, the Company announced the closing of a public offering for net proceeds of $13 million. Webcast and Conference Call InformationThe Company will host a conference call and webcast at 9:00 AM ET today to discuss its financial results and provide an update on the Company’s performance. The company has been listed on the Nasdaq Capital Market since February 2012. © 2020 CHF Solutions, Inc. All Rights Reserved, EDEN PRAIRIE, Minn. , Nov. 10, 2020 (GLOBE NEWSWIRE) -- CHF Solutions, Inc. (Nasdaq: CHFS) announced today its results for the third quarter ended September 30, 2020 . Third Quarter 2020 Financial ResultsRevenue for the third quarter was $1.9 million, an increase of 52% compared to $1.3 million in the prior year period.
Announces 52 Percent Increase in Revenue for Third Quarter 2020 and Provides Company Update, Weighted average shares outstanding – basic and diluted, Current portion of operating lease liability, Current portion of finance lease liability, Series A junior participating preferred stock as of, Series F convertible preferred stock as of. The Company also received $1.8 million in cash proceeds from the exercise of warrants in the third quarter of 2020. Oct 29, 2020. CHF Solutions, Inc. To Announce Third Quarter 2020 Financial Results on November 10, 2020. An audio archive of the webcast will be available following the call at http://ir.chf-solutions.com/events. Forward-looking statements speak only as of the date when made. CHF Solutions is headquartered in Minneapolis, Minn., with wholly-owned subsidiaries in Australia and Ireland. CHF Solutions in the News; Events; Media; Press Releases; Press Releases Sunshine Heart to Partner with the American Association of Heart Failure Nurses. Net loss from operations for the third quarter of 2020 was $4.3 million, compared to a loss of $4.5 million in the prior year period. Forward-Looking StatementsCertain statements in this release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including without limitation, statements regarding the value that the company brings to its customers. Adjustments to reconcile net loss to cash flows used in operating activities: Loss on disposal of property and equipment. The Company offered incentives to existing customers to upgrade consoles to Aquadex SmartFlow which impacted third quarter gross margins. Hosted two webinars during the quarter, led by: A 355-patient retrospective study was presented at the Annual Scientific Meeting of. “The pediatric opportunity is growing, as more children’s hospitals acquire our Aquadex SmartFlow product and complete training. Changes in operating assets and liabilities: Proceeds from public stock offerings, net, Net increase in cash and cash equivalents, Cash and cash equivalents - beginning of period, Inventory transferred to property, plant and equipment, Equipment acquired through finance lease liability, Revenue for the third quarter of 2020 was, Increased Aquadex™ therapy utilization in existing pediatric hospital accounts; opened 6 new pediatric hospital accounts, Announced the Aquadex product line was added to the Federal Supply Schedule, expanding access to all federal agencies and eliminating months of fulfillment process time.
EDEN PRAIRIE, Minn., Nov. 10, 2020 (GLOBE NEWSWIRE) -- CHF Solutions, Inc. (Nasdaq: CHFS) announced today its results for the third quarter ended September 30, 2020. Posted on February 27, 2017 May 19, 2017. Revenue increased by 19% from Q4 of 2019. EDEN PRAIRIE, Minn., May 12, 2020 (GLOBE NEWSWIRE) -- CHF Solutions, Inc. (Nasdaq: CHFS) announced today its results for the first quarter ended March 31, 2020, which included the following highlights: Revenue for the first quarter ended March 31, 2020, was $1.6 million, an increase of 34 percent compared to the same period of the prior year. 6 days ago. The Aquadex SmartFlow system is indicated for temporary (up to 8 hours) or extended (longer than 8 hours in patients who require hospitalization) use in adult and pediatric patients weighing 20 kg or more whose fluid overload is unresponsive to medical management, including diuretics. Recent Highlights Revenue for the third quarter of 2020 was $1.9 million , an increase of 52% compared to the prior year period, EDEN PRAIRIE, Minn. , Nov. 03, 2020 (GLOBE NEWSWIRE) -- CHF Solutions, Inc. (NASDAQ: CHFS) announces today that its third quarter 2020 financial results will be released on Tuesday, November 10, 2020 . CHF Solutions in the News; Events; Media; Press Releases; Press Releases Sunshine Heart Announces Closing of $9.2 Million Underwritten Public Offering and Full Exercise of Over-Allotment Option.
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