NASDAQ$CLPT

ClearPoint Neuro Inc · Q1 2023 earnings

Q1 2023 earnings · · Investor relations

Briefing

Reported an 8% increase in quarterly revenue year-over-year, driven by a 24% increase in biologics and drug delivery revenue.

ClearPoint Neuro reported a revenue of $5.4 million for Q1 2023, an 8% increase compared to Q1 2022. The company reaffirmed its full-year 2023 revenue outlook of $25.0 to $27.0 million.

  • Reported quarterly revenue of $5.4 million, an 8% year-over-year increase.
  • Increased biologics and drug delivery revenue to $2.7 million, a 24% year-over-year increase.
  • Installed two additional ClearPoint Navigation systems and two additional Prism Laser Therapy systems in the quarter.
  • Reaffirmed full year 2023 revenue outlook of between $25.0 and $27.0 million.

Headline financials

Total Revenue

$5.43M

Previous: $5.03M+8.0%
EPS (adj)

-$0.23

Previous: -$0.17-35.3%
Capital Expenditures

-$138K

Previous: -$69K-100.0%
Free Cash Flow

-$5.75M

Previous: -$4.03M-42.7%
Net Income

-$5.61M

Previous: -$3.96M-41.7%
Operating Income

-$5.71M

Previous: -$3.86M-47.8%
Gross Profit

$3.2M

Previous: $3.25M-1.4%
Cash & Equivalents

$21.8M

Previous: $49.7M-56.1%
Total Assets

$50.2M

Previous: $61.8M-18.7%
Stock-Based Comp

$1.31M

Previous: $899K+45.4%

Revenue & EPS history

ClearPoint Neuro · Revenue · Quarterly

$5.43M

Q1 2023+8%vs Q1 2022
Beat estimate in 9 of 14 quarters(64%)
ActualEstimate

Revenue by segment

ClearPoint Neuro · $2.7M total across 1 segment · Q1 2023

  • Biologics and Drug Delivery
    $2.7M+22.7%

Forward guidance

The Company reaffirms its full year 2023 revenue outlook of between $25.0 and $27.0 million, representing 22% to 35% growth year over year.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2023

Historical avgQ1 2023

-1.7%

Avg return

Earnings day

-1.7%

Avg return

5 days after

-2.3%

Avg return

30 days after

34%

15 / 44 earnings

Positive

+35.8%

Q2 2024

Best reaction

-24.1%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-3.9%-12.1%+6.9%
Q4 2025-14.5%-14.8%+5.6%
Q3 2025-13.5%-8.3%-25.7%
Q1 2025-11.7%-7.6%-18.7%
Q4 2024-17.5%-22.1%-30.5%
Q3 2024-12.9%-16.9%+0.7%
Q2 2024+35.8%+46.6%+78.3%
Q1 2024+0.8%-1.3%-3.4%
Q4 2023+18.9%+18.6%+2.8%
Q3 2023-24.1%-14.3%+13.9%
Q2 2023-5.0%-8.9%-20.2%
Q1 2023-7.0%-8.8%-28.2%
Q4 2022-3.3%-4.5%-0.5%
Q3 2022-3.5%+2.6%-6.9%
Q2 2022+10.3%+9.6%-14.3%
Q1 2022+1.0%+17.0%+49.0%
Q4 2021-0.1%+6.2%+19.0%
Q3 2021-8.3%-11.3%-35.1%
Q2 2021-17.6%-20.2%-13.2%
Q1 2021+3.2%+4.5%+15.7%
Q4 2020-22.8%-14.0%-3.9%
Q3 2020+13.3%+25.3%+52.9%
Q2 2020-2.2%+5.3%+12.2%
Q1 2020-12.4%-14.9%+7.2%
Q4 2019+18.8%+13.6%-16.3%
Q3 2019-0.7%+2.3%+5.4%
Q2 2019+5.8%-1.2%-1.0%
Q1 2019+7.4%+10.6%+16.2%
Q4 2018-3.1%-3.1%-8.3%
Q3 2018-2.4%-4.9%-14.6%
Q2 2018-2.2%-6.6%-20.9%
Q1 2018-5.6%-7.4%-22.6%
Q3 2017+1.5%-8.0%-0.4%
Q2 2017-0.5%+8.4%+1.1%
Q1 2017+0.0%-3.9%-43.0%
Q3 2016+17.9%-3.8%-23.1%
Q2 2016-5.9%-15.3%-20.7%
Q2 2015-11.3%
Q1 2015-5.6%
Q2 2014+0.0%
Q1 2014+2.4%
Q2 2012+1.7%
Q1 2013-0.8%
Q3 2012+3.3%
Q1 2012
Q4 2011
Q3 2011
Q2 2011

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro