electroCore Q2 net sales $6.1M (+73% YoY); net loss narrows to $2.7M

electroCore, Inc.

2024-Q2 EPS reported -$0.90 revenue$11,582,000

Seventh consecutive record quarterly revenue of $6.1M, up 73% YoY from $3.6M.
GAAP net loss of $2.7M vs $4.9M in Q2 2023; adjusted EBITDA loss of $1.9M vs $4.5M.
VA/DoD channel sales surged 120% to $4.6M; Truvaga up 97% to $572K.
Raised ~$9.0M via registered direct offering and concurrent private placements.
Launched Truvaga Plus app-enabled wellness product and next-gen TAC-STIM.

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