earnings
confidence high
sentiment positive
materiality 0.70
ClearPoint Neuro reports Q4 revenue $4.3M (+15%) and record 2021 revenue $16.3M (+27%)
ClearPoint Neuro, Inc.
2022-FY EPS reported
-$0.69
revenue$16,299,000
- Q4 2021 revenue $4.3M (+15% YoY); full-year revenue $16.3M (+27% YoY), seventh consecutive year of growth.
- Biologics & drug delivery revenue $6.8M in 2021 (+31% YoY); supported 929 cases despite COVID.
- Cash and equivalents $54.1M at year-end, up from $20.1M, aided by Feb 2021 public offering raising ~$46.8M net.
- Operating expenses increased to $24.7M (2021) from $15.3M (2020) due to headcount and R&D investments.
- 2022 revenue guidance reaffirmed at $20-22M; progress on pillars including FDA clearance for Array and BCI collab.