Q1 2024 Conference Call Replay
Listen to the replay of the Q1 2024 conference call
Quarterly Financial Results and Business Overview
The Nephros Q1 2024 conference call replay features Robert Banks, President and CEO of Nephros, and Judy Krandel, Chief Financial Officer. Mr. Banks presents an overview of the business over the last three months and an outlook for the future. Ms. Krandel provides detailed financial results for the first quarter.
Read the Q1 2024 press release as a complement to the conference call recording. An excerpt of the release is included below.
“We continue to see strong growth of the core business as demonstrated by 12% growth year-over-year in programmatic business…” said Robert Banks, President and Chief Executive Officer.
“Moreover, our operational prudence and disciplined deployment of capital further contributes to our steady advancement towards solid financial performance,” Robert Banks continued, “Given the unpredictable nature of ER orders, we are bolstered by the gains in our repeating business and customer loyalty. With this foundation, we are judiciously investing in the development of enhanced capabilities to extend our competitive advantages to address water quality and safety challenges.”
“We have taken an exciting step forward with the creation of an online filter tracker. This advancement will allow customers to more easily manage their Nephros filters with automated replacement reminders and documentation of installation and inventory. These features are just the beginning – we will continue to explore ways of creating and capturing value in the digital space” remarked Mr. Banks. “Additionally, Nephros is exploring how to best support those in need of nano and microplastic (NMP) filtration. With our ability to retain microorganisms with the smallest pore size on the market, we are uniquely suited to address NMPs, especially nanoplastics ”
