CHF Solutions Inc. (CHFS) Tops Q4 EPS by 13c, Revenues Beat

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CHF Solutions, Inc. Announces 49.5 Percent Increase in Revenue for Fourth Quarter 2020 and Provides Company Update

March 2, 2021 8:00 AM EST

EDEN PRAIRIE, Minn., March 02, 2021 (GLOBE NEWSWIRE) -- CHF Solutions, Inc. (Nasdaq: CHFS) announced today its results for the fourth quarter ended December 31, 2020.

Recent Highlights

Revenue for the fourth quarter of 2020 was $2 million, an increase of 49.5% compared to the prior year periodGross margin was 56.1% for the fourth quarter 2020, up from 50.8% in the corresponding period in 2019 and up from 46.1% in the third quarter of 2020Critical Care revenue benefited in the quarter from increased... More