Nuwellis, Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 1.83 million compared to USD 1.93 million a year ago. Net loss was USD 6.49 million compared to USD 4.47 million a year ago.

Basic loss per share from continuing operations was USD 5.76 compared to USD 42.45 a year ago. Diluted loss per share from continuing operations was USD 5.76 compared to USD 42.45 a year ago.