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CRMD
Benzinga
1 min

CorMedix Q3 Profit Soars As DefenCath Dialysis Demand Exceeds Expectations

1. CRMD reported Q3 earnings of $1.26, beating estimates significantly. 2. Sales surged to $104.27 million, up from $11.5 million last year. 3. Full-year 2025 revenue guidance raised to $390-$410 million from $283.69 million. 4. DefenCath utilization drove $88.8 million in revenue this quarter. 5. CRMD stock increased 12.06% following the earnings report.

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FAQ

Why Very Bullish?

Significant revenue and earnings beats indicate strong operational performance. Positive guidance revisions suggest robust future growth.

How important is it?

The earnings beat and positive guidance are crucial signals for CRMD's market position and future performance.

Why Long Term?

The raised guidance and ongoing integration synergies will likely positively influence long-term investor confidence.

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