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Sanuwave Health sees Q1 revenue $5.7M-$5.9, up 51%-56% over 1Q23
The Fly

Sanuwave Health sees Q1 revenue $5.7M-$5.9, up 51%-56% over 1Q23

“As with much of the medical device and wound care industry, Q1 tends to be a seasonally softer quarter for SANUWAVE, but the underlying strength of our business has led to a smaller seasonal effect than that seen in recent years,” said CEO Morgan Frank. “This was the highest Q1 revenue in Company history by a wide margin, and the second best revenue quarter in Company history behind only Q4 2023. We’re excited to report year-on-year revenue growth in excess of 50% for the quarter, a significant acceleration in growth versus prior quarters. The Company plans to release its full Q1 results in mid-May, and we look forward to speaking with you then to give you a more complete update on our quarterly performance and our future plans and guidance.”

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