Repro Med Systems, Inc. (KRMD) Reports In-Line Q4 EPS, Revenues Beat

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Go back to Repro Med Systems, Inc. (KRMD) Reports In-Line Q4 EPS, Revenues Beat

KORU Medical Systems Announces Record 2019 Fourth Quarter and Full Year Financial Results

February 25, 2020 4:15 PM EST

Conference Call Scheduled for February 26 at 9:00 am ET

Q4 2019 Highlights

Net sales rose 45.7% to $6.2 million Gross margin of 63.4% Net loss narrowed to $0.1 million Adjusted EBITDA increased 47.3% to $1.1 million

Full Year 2019 Highlights

Net sales rose 33.5% to a record $23.2 million Gross margin increased to 64.1% Net income of $0.6 million Adjusted EBITDA increased 55.9% to $5.6 million Cash & cash equivalents increased to $5.9 million

CHESTER, N.Y.--(BUSINESS WIRE)-- Repro Med Systems, Inc. dba KORU Medical Systems (NASDAQ:... More