Sanuwave Health, Inc. Provides Earnings Guidance for the Second Quarter 2024
May 10, 2024 at 07:17 am
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SANUWAVE Health, Inc. provided earnings guidance for the second Quarter 2024. For the period, the Company forecasts Second Quarter 2024 revenue to rise 45-55% vs Second Quarter 2023 and for gross margin as a percentage of revenue to remain in the mid 70s.
Sanuwave Health, Inc. is an ultrasound and shock wave technology company. The Company is a provider of Food and Drug Administration (FDA)-approved wound care products. It is focused on the research, development, and commercialization of its patented, non-invasive and biological response-activating medical systems for the repair and regeneration of skin, musculoskeletal tissue, and vascular structures. The Company applies and researches its patented energy transfer technologies in wound healing, orthopedic/spine, aesthetic/cosmetic, and others. Its two primary systems are UltraMIST and PACE. The UltraMIST system provides, through a fluid mist, low-frequency, non-contact, and pain free ultrasound energy deep inside the wound bed that promotes healing from within. The PACE systems use acoustic pressure shockwaves generated by the Company's Pulsed Acoustic Cellular Expression (PACE) technology to converge at precise selected targets to produce an extremely short duration compression burst.
SANUWAVE HEALTH, INC. 
