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Dec 31, 2021

ClearPoint Neuro Q4 2021 Earnings Report

Reported record revenues, overcoming elective procedure disruptions and supply chain issues.

Key Takeaways

ClearPoint Neuro reported a 15% increase in total revenue for Q4 2021, reaching $4.3 million compared to $3.7 million in Q4 2020. The company's cash and cash equivalents totaled $54.1 million.

Total revenue increased by 15% to $4.3 million.

Functional neurosurgery navigation revenue increased by 37% to $2.1 million.

Biologics and drug delivery revenue increased by 10% to $1.7 million.

Cash and cash equivalents totaled $54.1 million.

Total Revenue
$4.28M
Previous year: $3.72M
+15.2%
EPS
-$0.19
Previous year: -$0.09
+111.1%
Gross Profit
$3.29M
Cash and Equivalents
$54.1M
Previous year: $20.1M
+169.2%
Free Cash Flow
-$3.59M
Total Assets
$65.6M

ClearPoint Neuro

ClearPoint Neuro

ClearPoint Neuro Revenue by Segment

Forward Guidance

The company expects revenue in 2022 in the range of $20 to $22 million.