Sanuwave Health, Inc. reported record Q3 2025 revenues of $11.5 million, up 22% from Q3 2024. Gross margin was 77.9%, with GAAP Operating Income at $1.5 million. Company projects Q4 2025 revenues of $13-$14 million. CEO Morgan Frank noted industry challenges but remains optimistic about future growth.
Sanuwave Health, Inc. achieved record Q3 2025 revenues of $11.5 million, a 22% increase from Q3 2024. Gross margin stood at 77.9%, with GAAP Operating Income at $1.5 million. Company forecasts Q4 2025 revenues of $13-$14 million. CEO Morgan Frank is positive about future growth despite industry challenges.
Sanuwave Health, Inc. posted Q3 2025 revenues of $11.5 million, up 22% from Q3 2024, with a gross margin of 77.9%. GAAP Operating Income was $1.5 million. The company expects Q4 2025 revenues of $13-$14 million. CEO Morgan Frank remains optimistic about future growth despite industry challenges. The Company uses non-GAAP financial measures like EBITDA and Adjusted EBITDA to assess operating performance. These measures should not be seen as alternatives to net income under U.S. GAAP standards. They help evaluate historical and prospective financial performance and are commonly used by analysts and investors.
EBITDA and Adjusted EBITDA have limitations, such as not reflecting all capital expenditures or changes in working capital needs. They also do not include interest expenses. Non-GAAP financial measures exclude certain charges that impact net income, as shown in the U.S. GAAP to Non-GAAP Reconciliations section.
This press release includes forward-looking statements about future financial results and business development plans. Investors should be aware that these statements are not guarantees of future performance and involve risks beyond the Company’s control. Factors like regulatory oversight, reimbursement changes, and competition may impact actual results. Details are available in the Company’s SEC filings. 1. The stock market saw a significant increase today, with the S&P 500 reaching a new record high of 4,297 points. This surge was driven by strong performances from tech giants like Apple and Amazon, as well as positive economic data indicating a potential rebound in consumer spending.
2. In international news, tensions are rising between the US and China as the Biden administration announces plans to blacklist five Chinese companies due to alleged human rights abuses. This move further escalates the ongoing trade war between the two countries, with China vowing to retaliate against any sanctions imposed.
3. On the environmental front, a new study reveals that global carbon emissions have rebounded to pre-pandemic levels, with a record high of 36.8 billion metric tons emitted in 2021. This alarming trend underscores the urgent need for countries to ramp up efforts to combat climate change and reduce emissions.
Read more at GlobeNewswire: Sanuwave Announces Q3 FY2025 Financial Results