Sunshine Heart (SSH +5.5%) moves up after reporting a Q1 net loss of $4.4M, or $0.47 per share,...

|About: Sunshine Heart, Inc. (SSH)|By:, SA News Editor

Sunshine Heart (SSH +5.5%) moves up after reporting a Q1 net loss of $4.4M, or $0.47 per share, compared to a loss of $4.1M or $0.66 per share in Q112, and beating Street estimates for a loss of $0.51. The company ended the quarter with $11M in cash, compared to $14.2 million at the end of FY12. Looking forward, the company says it's currently in discussions with physicians regarding the potential weaning of additional patients from its C-Pulse system study, based upon significant improvements since the time of implant.