earnings
confidence high
sentiment positive
materiality 0.75
ClearPoint Neuro reports record FY2024 revenue $31.4M, 31% growth; guides FY2025 $36-41M
ClearPoint Neuro, Inc.
2024-FY EPS reported
-$0.70
revenue$31,390,000
- FY 2024 revenue $31.4M (+31% YoY); Q4 revenue $7.8M (+14% YoY).
- Gross margin improved to 61% from 57%; operating expenses rose 8% to $38.9M.
- Repaid $10M convertible note; cash $20.1M; operational cash burn down 35% to $9.0M.
- 2025 revenue guidance $36-41M, implying 15-31% growth.
- Biologics/drug delivery revenue up 76% to $18.6M; added 25 new centers in 2024.