Ekso Bionics Holdings Third Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag

Ekso Bionics Holdings (NASDAQ:EKSO) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$4.13m (down 10% from 3Q 2023).
• Net loss: US$2.07m (loss narrowed by 38% from 3Q 2023).
• US$0.10 loss per share (improved from US$0.24 loss in 3Q 2023).

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

Ekso Bionics Holdings EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 26%. Earnings per share (EPS) exceeded analyst estimates by 4.8%.

Looking ahead, revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Medical Equipment industry in the US.

Performance of the American Medical Equipment industry.

The company's shares are down 7.7% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 4 warning signs for Ekso Bionics Holdings (2 can't be ignored) you should be aware of.

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