Vapotherm (VAPO) Misses Q4 EPS by 9c
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Vapotherm Reports Fourth Quarter and Fiscal Year 2022 Financial Results
February 23, 2023 4:15 PM ESTEXETER, New Hampshire--(BUSINESS WIRE)-- Vapotherm, Inc. (NYSE: VAPO), (Vapotherm or the Company), today announced fourth quarter and fiscal year 2022 financial results.
Fourth Quarter 2022 Summary
Total revenue for the fourth quarter of 2022 was $18.7 million Gross margin was 27.5% in the fourth quarter of 2022 Substantially completed move of manufacturing operations from New Hampshire to MexicoFiscal Year 2022 Summary
Total revenue for 2022 was $66.8 million Launched next generation High Velocity Therapy platform, HVT 2.0 Cost structure has been streamlined which resulted in a... More