ClearPoint Neuro Full Year 2024 Earnings: Misses Expectations

ClearPoint Neuro (NASDAQ:CLPT) Full Year 2024 Results

Key Financial Results

• Revenue: US$31.4m (up 31% from FY 2023).
• Net loss: US$18.9m (loss narrowed by 14% from FY 2023).
• US$0.70 loss per share (improved from US$0.90 loss in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

ClearPoint Neuro Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 4.0%.

Looking ahead, revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Medical Equipment industry in the US.

Performance of the American Medical Equipment industry.

The company's shares are down 19% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with ClearPoint Neuro.

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