Vapotherm, Inc. revised earnings guidance for the fiscal year 2022. For the year, the company expects net revenue is expected to be in the range of $81 million to $86 million. In developing this revenue guidance, the Company did not include the impact of any future COVID-19 surges for the remainder of the year.

The Company's current revenue guidance is lower than the Company's revenue guidance as provided on February 24, 2022 due to the elimination of revenue from a second COVID-19 surge and the reduction in respiratory census seen in the first quarter of 2022 given the decreases in flu and RSV versus prior pre-COVID-19 comparable periods.