Vapotherm Reports Second Quarter 2021 Financial Results

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Vapotherm (VAPO) Misses Q2 EPS by 3c

August 9, 2021 4:42 PM EDT

Vapotherm (NYSE: VAPO) reported Q2 EPS of ($0.67), $0.03 worse than the analyst estimate of ($0.64). Revenue for the quarter came in at $20.6 million versus the consensus estimate of $18.24 million.

We were pleased with our performance during the second quarter in which we expanded our worldwide Installed Base to over 32,000 units, which we expect will drive long-term recurring revenue growth, said Joe Army, President and CEO of Vapotherm. For the second half of 2021, we will educate our new Customers on how to use High Velocity Therapy for the treatment of the full spectrum of respiratory distress... More