earnings
confidence high
sentiment positive
materiality 0.75
AtriCure Q4 revenue $106.5M (+21%), full-year adj EBITDA positive $19.4M; guides 2024 rev ~$459-466M
AtriCure, Inc.
2023-FY EPS reported
-$0.66
revenue$399,245,000
- Q4 2023 revenue $106.5M (+21% YoY); full-year revenue $399.2M (+20.8%).
- Full-year 2023 net loss improved $16M to $30.4M; adjusted EBITDA turned positive to $19.4M from -$2.2M.
- Full-year diluted net loss per share $0.66 vs $1.02 in 2022; adjusted loss per share $0.75 vs $1.02.
- 2024 revenue guidance $459-$466M (15-17% growth); adjusted EBITDA $26-$29M (34-49% increase).
- Over one million patients treated life to date; management cites broad-based expansion and momentum.