CytoSorbents Reports First Quarter 2017 Financial Results

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Cytosorbents (CTSO) Tops Q1 EPS by 5c

May 8, 2017 4:37 PM EDT

Cytosorbents (NASDAQ: CTSO) reported Q1 EPS of ($0.05), $0.05 better than the analyst estimate of ($0.10). Revenue for the quarter came in at $3.1 million versus the consensus estimate of $3.2 million.

Total Q1 2017 revenues increased 72% to $3.1 million, which includes both product sales and grant income, from $1.8... More