Stock Analysis
- United States
- /
- Medical Equipment
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- NasdaqCM:EKSO
Ekso Bionics Holdings Second Quarter 2024 Earnings: Revenues Disappoint
Ekso Bionics Holdings (NASDAQ:EKSO) Second Quarter 2024 Results
Key Financial Results
- Revenue: US$4.95m (up 5.3% from 2Q 2023).
- Net loss: US$2.42m (loss narrowed by 43% from 2Q 2023).
- US$0.13 loss per share (improved from US$0.31 loss in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Ekso Bionics Holdings Earnings Insights
Looking ahead, revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Medical Equipment industry in the US.
Performance of the American Medical Equipment industry.
The company's shares are down 20% from a week ago.
Risk Analysis
It's still necessary to consider the ever-present spectre of investment risk. We've identified 4 warning signs with Ekso Bionics Holdings, and understanding them should be part of your investment process.
Valuation is complex, but we're here to simplify it.
Discover if Ekso Bionics Holdings might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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About NasdaqCM:EKSO
Ekso Bionics Holdings
Designs, develops, sells, and rents exoskeleton products in the Americas, Germany, Poland, Europe, the Middle East, Africa, the Asia Pacific, and internationally.