Nephros Inc. has released its financial results for the first quarter of 2025, showing a net income of $558,000, a significant improvement compared to the net loss of $169,000 reported in the same quarter of the previous year. The company's earnings per share $(EPS)$, both basic and diluted, stood at $0.05, compared to a loss of $0.02 per share in the first quarter of 2024. The company's EBITDA for the quarter was $585,000, marking a substantial turnaround from the negative EBITDA of $159,000 in the previous year's first quarter. Adjusted EBITDA also showed improvement, reaching $667,000 from a negative $95,000 in the first quarter of the previous year. Nephros Inc. continues to benefit from its proprietary technology and the growing demand driven by regulatory tailwinds. The company remains GAAP profitable and cash flow positive, supported by its strong balance sheet with no debt. The new executive team is focused on rationalizing and re-energizing the company as a leading provider in the water filtration industry.
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