Yahoo Finance Ekso Bionics Holdings First Quarter 2024 Earnings: Misses Expectations
Ekso Bionics Holdings (NASDAQ:EKSO) First Quarter 2024 Results
Key Financial Results
Revenue: US$3.76m (down 8.9% from 1Q 2023).
Net loss: US$3.43m (loss narrowed by 22% from 1Q 2023).
US$0.20 loss per share (improved from US$0.33 loss in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Ekso Bionics Holdings Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 25%. Earnings per share (EPS) also missed analyst estimates by 25%.
Looking ahead, revenue is forecast to grow 24% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Medical Equipment industry in the US.
Performance of the American Medical Equipment industry.
The company's shares are up 6.9% from a week ago.
Risk Analysis
You should learn about the 4 warning signs we've spotted with Ekso Bionics Holdings (including 1 which is concerning).
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