Nephros (NASDAQ:NEPH) reported quarterly earnings of $0.05 per share which beat the analyst consensus estimate of $(0.01) by 600 percent. This is a 350 percent increase over losses of $(0.02) per share from the same period last year. The company reported quarterly sales of $4.88 million which beat the analyst consensus estimate of $3.65 million by 33.56 percent. This is a 38.47 percent increase over sales of $3.52 million the same period last year.