Jun 30, 2023

Ekso Bionics Q2 2023 Earnings Report

Reported record revenues driven by increased EksoHealth device bookings.

Key Takeaways

Ekso Bionics reported record revenues of $4.7 million in Q2 2023, a 36% increase year-over-year, driven by a record number of EksoHealth device bookings. Gross profit also increased to $2.3 million, with a gross margin of approximately 48%.

Achieved record revenues of $4.7 million in Q2 2023, a 36% increase year-over-year.

Booked a total of 44 EksoHealth devices in Q2 2023.

Gross profit of $2.3 million in Q2 2023, compared to $1.6 million in the same period last year.

Cash position of $13.3 million at June 30, 2023.

Total Revenue
$4.7M
Previous year: $3.47M
+35.7%
EPS
-$0.31
Previous year: -$0.23
+34.8%
EksoHealth Devices Booked
44
Gross Profit
$2.25M
Previous year: $1.64M
+37.4%
Cash and Equivalents
$13.3M
Previous year: $31.9M
-58.3%
Free Cash Flow
-$2.96M
Previous year: -$4.25M
-30.4%
Total Assets
$34M
Previous year: $40.5M
-16.1%

Ekso Bionics

Ekso Bionics