Vapotherm (VAPO) Misses Q1 EPS by 23c

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Vapotherm Reports First Quarter 2022 Financial Results

May 4, 2022 4:10 PM EDT

Revenue of $21.6 Million In-Line with Preliminary Revenue of $20.5 Million to $21.5 Million

EXETER, N--(BUSINESS WIRE)-- Vapotherm, Inc. (NYSE: VAPO), (Vapotherm or the Company), today announced first quarter 2022 financial results.

First Quarter 2022 Summary

Total revenue for the first quarter of 2022 was $21.6 million, a decrease of 33.1% over the first quarter of 2021 Disposables revenue for the first quarter of 2022 was $14.9 million, a decrease of 13.3% over the first quarter of 2021 Worldwide installed base of Precision Flow systems increased by over 500 units in the first... More