earnings
confidence high
sentiment positive
materiality 0.72
Ekso Bionics reports record Q4 revenue $5.1M, net loss improves 25% for FY 2024
EKSO BIONICS HOLDINGS, INC.
- Q4 2024 revenue $5.1M, up 5% YoY; gross margin 53%, up 400 bps vs 49% in Q4 2023.
- FY 2024 revenue $17.9M, down 2% YoY; net loss $11.3M ($0.56/sh), 25% better than FY 2023.
- Cash and restricted cash $6.5M at Dec 31, 2024; operating cash burn improved to $9.8M from $12.1M.
- Post-year-end, named National Seating & Mobility exclusive U.S. distributor for Ekso Indego Personal device.