Vapotherm (VAPO) Reports In-Line Q1 EPS; Offers FY23 Revenue Guidance
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Vapotherm Reports First Quarter 2023 Financial Results
May 3, 2023 4:10 PM EDTEXETER, N.H.--(BUSINESS WIRE)-- Vapotherm, Inc. (NYSE: VAPO), (Vapotherm or the Company), today announced first quarter 2023 financial results.
First Quarter 2023 Summary and Highlights
Total revenue for the first quarter of 2023 was $17.7 million Capital revenue increased by 28% as compared to the fourth quarter of 2022 due to strong HVT 2.0 sales Disposables revenue decreased by 12% as compared to the fourth quarter of 2022 due to the timing of the US flu season Gross margin in the first quarter of 2023 was... More