CorMedix Inc. (CRMD) Form 8-K — May 14, 2026
CorMedix Inc. reported strong financial results for the first quarter of 2026, with net revenue of $127.4 million, a significant increase from $39.1 million in the same period of 2025. The company also recognized net income of $38.6 million, or $0.48 per basic share, compared to $20.6 million, or $0.32 per basic share, in the first quarter of 2025. DefenCath® sales contributed $97.5 million to the net revenue, bolstered by higher utilization and a non-recurring $9.0 million favorable change in estimate related to certain sales allowances.
Key figures
- Eps
- 0.48
- Revenue
- 127427
- Guidance
- FY 2026 net revenue guidance: $325 to $345 million; FY 2026 adjusted EBITDA guidance: $115 to $135 million
- Net Income
- 38601
- Total Debt
- 378588
- Total Assets
- 815637
- Cash Position
- 178087
Price after filing
Close on the filing date to close N calendar days later (from $7.93). Historical, not a forecast.
AI analysis
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