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SANUWAVE Health Q3 Revenue Decline and Impact of CMS Regulatory Changes

The Motley Fool +1 · ·by G4L

SNWV
SNWV Sanuwave Health Inc
$1.78 -5.32%
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  1. 1SANUWAVE Health recorded total revenue of $8.6 million in the third quarter.
  2. 2Total revenue for SANUWAVE Health decreased by 24% compared to $11.3 million in the same period last year.
  3. 3Revenue for SANUWAVE Health's UltraMIST system decreased by 73% in the third quarter.

So what's the key point?

SANUWAVE Health's third-quarter revenue fell by 24% compared to last year. Company performance declined as sales of the main UltraMIST system dropped significantly.

Source The Motley Fool +1 · View original ↗

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