Blood purification firm CytoSorbents Q3 revenue misses estimates

Reuters
Nov 14
Blood purification firm CytoSorbents Q3 revenue misses estimates

Overview

  • CytoSorbents Q3 2025 revenue rose 10% yr/yr to $9.5 mln, missing analyst expectations

  • Adjusted EPS for Q3 2025 beats analyst expectations

  • Company implements workforce reduction to accelerate cash-flow breakeven to Q1 2026

Outlook

  • CytoSorbents expects cash-flow breakeven by Q1 2026

  • Company anticipates FDA decision on DrugSorb-ATR by mid-2026

Result Drivers

  • DISTRIBUTOR SALES - Record sales in distributor territories and strong direct sales outside Germany drove revenue growth

  • COST REDUCTION - Workforce and cost reduction program implemented to accelerate cash-flow breakeven to Q1 2026

  • CREDIT AGREEMENT - Amended credit agreement with Avenue Capital Group strengthens balance sheet with $2.5 mln additional cash

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

Miss

$9.49 mln

$10 mln (3 Analysts)

Q3 Adjusted EPS

Beat

-$0.04

-$0.05 (3 Analysts)

Q3 EPS

-$0.05

Q3 Product Gross Margin

70.00%

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the advanced medical equipment & technology peer group is "buy"

  • Wall Street's median 12-month price target for Cytosorbents Corp is $4.00, about 84% above its November 12 closing price of $0.64

Press Release: ID:nPn8rmcgKa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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