REMSleep Holdings, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 15, 2023 at 05:23 pm IST
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REMSleep Holdings, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 0.051947 million compared to USD 0.137568 million a year ago. Net loss was USD 0.270433 million compared to USD 0.31216 million a year ago.
For the nine months, sales was USD 0.196262 million compared to USD 0.257238 million a year ago. Net loss was USD 0.71989 million compared to USD 1.07 million a year ago.
REMSleep Holdings, Inc. is a medical technology company. The Company is focused on the development and commercialization of solutions for patients with obstructive sleep apnea. Its DeltaWave CPAP interface (the DeltaWave), which is a device to treat patients with sleep apnea. The patent-pending DeltaWave product is a nasal-pillow type interface that is designed with airflow characteristics to enable patients with sleep apnea to breathe normally. The Companyâs product is manufactured by mold makers. It has molds made in China. Its target market includes sleep product distributors that distribute its product; home care dealers; private sleep labs; product end users; physicians, particularly sleep physicians; medical groups; hospitals, and medical associations, such as the American Academy of Sleep Medicine and the American Sleep Association.