Rockwell Medical Q1 revenue falls 8% on lower volume

Rockwell Medical, Inc.

Rockwell Medical, Inc.

RMTI

0.00


Overview

  • US hemodialysis products maker's Q1 revenue fell 8% yr/yr due to lower customer volume

  • Gross margin for Q1 rose to 17% from 16% a year earlier

  • Company announced operational changes expected to add over $3 mln in annualized gross profit


Outlook

  • Rockwell Medical sees 2026 net sales between $70 mln and $75 mln

  • Company expects 2026 gross margin of 18% to 22%

  • Rockwell Medical forecasts 2026 adjusted EBITDA of $1 mln to $2 mln and positive operating cash flow


Result Drivers

  • CUSTOMER VOLUME - Co said Q1 sales decline was driven by reduced purchase volume from one customer

  • OPERATIONAL CHANGES - Co announced operational changes expected to generate over $3 mln in additional gross profit on an annualized basis

  • EFFICIENCY INITIATIVES - Co said ongoing streamlining and enhancements to operational efficiencies and distribution footprint are expected to generate over $2 mln in annualized savings


Company press release: ID:nBw2gJCXba


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q1 Sales

$17.30 mln

$17.95 mln (2 Analysts)

Q1 Adjusted EPS

-$0.01

-$0.03 (2 Analysts)

Q1 EPS

-$0.04

Q1 Net Income

-$1.60 mln

Q1 Gross Profit

$2.90 mln

Q1 Operating Income

-$1.50 mln


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