CytoSorbents Reports Preliminary Unaudited Fourth Quarter and Full-Year 2024 Product Revenue
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CytoSorbents has reported preliminary unaudited results for Q4 and full-year 2024, with product revenue growth estimated at 22% to 25% year-over-year and an improved gross margin of approximately 70%. The company will host investor meetings during the J.P. Morgan Healthcare Conference.
January 03, 2025 | 12:15 pm
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CytoSorbents reports strong preliminary Q4 2024 results with significant revenue growth and improved gross margins, indicating positive financial health.
The reported revenue growth of 22% to 25% and improved gross margin to 70% are strong indicators of CytoSorbents' financial performance. These metrics suggest a positive short-term impact on the stock price as they reflect operational efficiency and market demand.
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