ClearPoint Neuro Q4 2024 Earnings Report
Key Takeaways
ClearPoint Neuro reported a 14% increase in revenue for the fourth quarter of 2024, reaching $7.8 million. The company's full-year revenue grew by 31% to $31.4 million. They also reduced operational cash burn by 35% for the year and fully repaid a $10 million convertible note, leaving them with no outstanding debt. The company activated six new global centers in the fourth quarter, with a total of 25 in 2024.
Q4 2024 revenue reached $7.8 million, a 14% increase year-over-year.
Full-year 2024 revenue was reported at $31.4 million, a 31% increase over 2023.
Six new global centers were activated in Q4 2024, totaling 25 new centers for the year.
The company fully repaid a $10 million convertible note, eliminating all outstanding debt.
ClearPoint Neuro
ClearPoint Neuro
ClearPoint Neuro Revenue by Segment
Forward Guidance
The Company estimates revenue in 2025 to be between $36.0 million and $41.0 million, representing growth between 15% and 31%.