earnings
confidence high
sentiment positive
materiality 0.60
Ekso Bionics Q3 revenue up 38% to $4.6M; net loss narrows to $0.24/share
EKSO BIONICS HOLDINGS, INC.
2023-Q3 EPS reported
-$0.88
revenue$13,432,000
- Revenue of $4.6M, up 38% YoY; gross margin improved to 53% from 51%.
- Net loss narrowed to $3.4M ($0.24 per share) from $4.3M ($0.33) in Q3 2022.
- Sold 41 EksoHealth devices, including a record quarter of EVO unit sales.
- Cash on hand $9.9M at Sep 30, 2023, down from $20.5M at Dec 31, 2022.
- Company applied for CMS code determination for Indego Personal exoskeleton.