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Dec 31, 2023
ClearPoint Neuro Q4 2023 Earnings Report
Reported record revenue and reduced quarterly cash burn.
Key Takeaways
ClearPoint Neuro reported a record revenue of $6.8 million for Q4 2023, a 32% increase year-over-year, and a reduced quarterly cash burn to $1.2 million. The company reaffirmed its 2024 revenue guidance to be between $28.0 million and $32.0 million.
Reported Q4 2023 revenue of $6.8 million, a 32% year-over-year increase.
Cash burn of $1.2 million in Q4, bringing cash and cash equivalents to $23.1 million as of December 31, 2023.
Six new hospital customers already added since the beginning of the year.
Received 510(k) clearance for Smartframe OR™ Stereotactic System.
Revenue by Segment
Forward Guidance
ClearPoint Neuro reaffirms its 2024 revenue guidance to be in the range of $28.0 million - $32.0 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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