Sanuwave Health Inc. Reports First Quarter 2023 Net Loss of $13.08 Million
Sanuwave Health Inc. Records Q1 2023 Revenue of $3.78 Million
By USInMinutes
Published - Jul 19, 2023, 10:18 AM ET
Last Updated - Jul 19, 2023, 10:19 AM EDT
Sanuwave Health, Inc.(SNWV) has released its financial statements for the first quarter of 2023, revealing a net loss of $13.08 million. The company also reported revenue of $3.78 million during the same period. These figures provide insights into the financial performance and challenges faced by the company in the current market.
Net Income/Loss
During the first quarter of 2023, Sanuwave Health, Inc. experienced a net loss of $13.08 million. This significant loss is a cause of concern for the company, and it reflects the financial challenges it encountered during the three-month period.