Vapotherm Reports First Quarter 2021 Financial Results
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Vapotherm (VAPO) Tops Q1 EPS by 3c, Revenues Beat; Offers FY21 Revenues Outlook
May 5, 2021 4:49 PM EDTVapotherm (NYSE: VAPO) reported Q1 EPS of ($0.40), $0.03 better than the analyst estimate of ($0.43). Revenue for the quarter came in at $32.3 million versus the consensus estimate of $31.79 million.
First Quarter 2021 Summary
Revenue for the first quarter of 2021 was $32.3 million, representing a 69% increase over the prior year periodWorldwide installed base of Precision Flow Hi-VNI systems grew by 73% compared to the first quarter of 2020Gross margin was 53.1% or 490 basis points higher than gross margin of 48.2% in the first quarter of 2020We were pleased with our performance during the first quarter,... More
