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SANUWAVE Turns To Loss In Q4

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

SANUWAVE Health, Inc. (SNWV), Friday announced fourth-quarter financial results, revealing loss of $12.7 million compared to a profit of $18.2 million last year.

The company's revenue totaled $10.3 million, an increase of 47%, as compared to $7.0 million in the previous year.

Looking ahead, the company expects revenue growth of 45 to 55 percent in the first quarter of 2025, and revenue of $48 to $50 million in the full year 2025.

Thursday, SANUWAVE's stock closed at $32, up 0.91 percent on the Nasdaq.

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