NASDAQ$CLPT

ClearPoint Neuro Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Reported a 41% increase in fourth quarter revenue, marking the fifth consecutive quarter of revenue growth.

ClearPoint Neuro reported a 53% increase in revenue for the full year 2019, with fourth-quarter revenue growing by 41%. The company saw growth across all four segments of its business and secured over $25 million in financing from strategic partners.

  • Total revenues increased by 53% year-over-year for 2019.
  • Functional neurosurgery revenue increased by 29% for 2019, driven by a 20% increase in cases utilizing the ClearPoint Neuro Navigation System.
  • Biologics and drug delivery revenue increased by 116% for 2019, due to growth in clinical services and product sales.
  • Capital equipment sales and related service revenue increased for 2019, primarily due to an increase in sales of ClearPoint systems.

Headline financials

Total Revenue

$3.21M

Previous: $2.28M+41.0%
EPS (adj)

-$0.11

Previous: -$0.11+0.0%
Gross Profit

$7.39M

No prior period

Revenue & EPS history

ClearPoint Neuro · Revenue · Quarterly

$3.21M

Q4 2019+41%vs Q4 2018
Beat estimate in 2 of 2 quarters(100%)
ActualEstimate

Revenue by segment

ClearPoint Neuro · $1.55M total across 2 segments · Q4 2019

  • Biologics and Drug Delivery
    $1.1M+103.7%
  • Capital Equipment and Software
    $446K

Forward guidance

The company expects to submit or introduce several new products in 2020 and believes new biologics and gene therapy partnerships will lead to exciting new applications.

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 Q4 2019

Historical avgQ4 2019

-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

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