Nephros (NASDAQ:NEPH) reported quarterly earnings of $0.02 per share which beat the analyst consensus estimate of $(0.03) by 180 percent. This is a 166.67 percent increase over losses of $(0.03) per share from the same period last year. The company reported quarterly sales of $4.42 million which beat the analyst consensus estimate of $3.65 million by 21.04 percent. This is a 35.89 percent increase over sales of $3.25 million the same period last year.