Sep 30, 2024

Ekso Bionics Q3 2024 Earnings Report

Reported financial results for the third quarter of 2024.

Key Takeaways

Ekso Bionics reported revenue of $4.1 million for the third quarter of 2024 and a gross margin of 53.5%. The company's net loss narrowed to $2.1 million, or $0.10 per share.

Reported revenue of $4.1 million in the third quarter of 2024.

Announced receipt of initial Centers for Medicare & Medicaid Services (CMS) reimbursement for Ekso Indego Personal.

Achieved gross margin of 53.5% in the third quarter of 2024.

Sold a total of 33 EksoHealth devices in the third quarter of 2024.

Total Revenue
$4.13M
Previous year: $4.61M
-10.4%
EPS
-$0.1
Previous year: -$0.24
-58.3%
Gross Profit
$2.2M
Previous year: $2.5M
-12.0%
Cash and Equivalents
$8.29M
Previous year: $9.94M
-16.6%
Free Cash Flow
-$2.29M
Previous year: -$3.37M
-32.2%
Total Assets
$29.2M
Previous year: $31.2M
-6.3%

Ekso Bionics

Ekso Bionics