earnings
confidence high
sentiment positive
materiality 0.75
LENSAR Q3 revenue $13.5M (+38% YoY); 24 ALLY placements; adj. EBITDA positive
LENSAR, Inc.
2024-Q3 EPS reported
-$1.11
revenue$36,763,000
- Total revenue $13.5M, up 38% YoY; procedure volume +29% worldwide.
- Net loss $1.5M vs net income $2.6M a year ago due to $4.3M swing in warrant liability.
- Placed 24 ALLY systems; installed base 355 systems (+20% YoY).
- Adjusted EBITDA turned positive at $0.4M vs -$1.4M in Q3 2023.
- U.S. market share of 19.9% (up 3.5pp); backlog of 24 systems pending installation.