NASDAQ$CLPT

ClearPoint Neuro Inc · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

ClearPoint Neuro reported a strong fourth quarter and full-year 2024 financial performance, achieving record revenue and significantly reducing operational cash burn.

ClearPoint Neuro, Inc. announced record revenue of $7.8 million for the fourth quarter of 2024, a 14% increase year-over-year, and $31.4 million for the full year, up 31% from 2023. The company also reduced its total 2024 operational cash burn by 35% to $9.0 million.

  • Fourth quarter 2024 revenue increased by 14% year-over-year to $7.8 million.
  • Full year 2024 revenue reached a record $31.4 million, marking the tenth consecutive year of growth.
  • Operational cash burn for 2024 was reduced by 35% compared to 2023, totaling $9.0 million.
  • The company activated 25 new global centers in 2024, approximately three times its historic activation rate.

Headline financials

Total Revenue

$7.8M

Previous: $6.81M+14.5%
EPS (adj)

-$0.70

Previous: -$0.19-268.4%
Gross Margin

61.0%

Previous: 59.0%+3.4%
Capital Expenditures

-$263K

Previous: -$188K-39.9%
Net Income

-$18.9M

Previous: -$22.1M+14.4%
Operating Income

-$19.7M

Previous: -$22.4M+12.0%
Gross Profit

$19.1M

Previous: $4.01M+376.5%
R&D Expense

$3.33M

Previous: $2.65M+25.6%

Revenue & EPS history

ClearPoint Neuro · Revenue · Quarterly

$7.8M

Q4 2024+14.5%vs Q4 2023
Beat estimate in 9 of 14 quarters(64%)
ActualEstimate

Revenue by segment

ClearPoint Neuro · $3.5M total across 1 segment · Q3 2023

  • Biologics and Drug Delivery
    $3.5M+59.1%

Forward guidance

ClearPoint Neuro estimates its 2025 revenue to be between $36.0 million and $41.0 million, representing a growth of 15% to 31%. The company plans to extend its lead in drug delivery, expand its global footprint, and accelerate the launch of new products.

Tailwinds

  • Estimated revenue growth of 15% to 31% in 2025.
  • Plans to extend leadership as a premier drug delivery partner for neuro disorders.
  • Intends to build a leading solution in the drug delivery ecosystem, including hardware, software, and services.
  • Aims to expand global footprint and regulatory clearances to increase patient capacity.
  • Will accelerate the launch of new fast, simple, and predictable products for MRI Suite and Operating Room.

Headwinds

  • No specific negative forward guidance was provided in the report.
  • The company did not highlight any specific challenges or risks for the upcoming year in the guidance section.
  • No mention of potential market headwinds or increased competition.
  • No specific financial targets for expenses or profitability were provided for 2025.
  • The guidance does not include any potential impacts from unforeseen global economic or health events.

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 2024

Historical avgQ4 2024

-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