NASDAQ$EKSO

Ekso Bionics Holdings Inc · Q1 2024 earnings

Q1 2024 earnings · · Investor relations

Briefing

Ekso Bionics reported first quarter 2024 financial results, showing a decrease in revenue but an increase in gross margin.

Ekso Bionics reported a revenue of $3.8 million for Q1 2024, compared to $4.1 million in the same period last year. The company's gross margin increased to 52%, and the net loss decreased to $3.4 million, or $0.20 per share.

  • Revenue was $3.8 million, down from $4.1 million in the same quarter of the previous year.
  • Gross profit reached $2.0 million, with a gross margin of approximately 52%.
  • Net loss applicable to common stockholders was $3.4 million, or $0.20 per share.
  • Cash and restricted cash stood at $8.8 million as of March 31, 2024.

Headline financials

Total Revenue

$3.76M

Previous: $4.12M-8.9%
EPS (adj)

-$0.20

Previous: -$0.33+39.4%
Gross Margin

51.9%

No prior period
Capital Expenditures

-$8K

Previous: $42K-119.0%
Net Income

-$3.4M

Previous: -$4.2M+19.0%
Operating Income

-$4.4M

Previous: -$4.45M+1.1%
Gross Profit

$2M

Previous: $2M+0.0%
Stock-Based Comp

$376K

Previous: $424K-11.3%

Revenue & EPS history

Ekso Bionics · Revenue · Quarterly

$3.76M

Q1 2024-8.9%vs Q1 2023
Beat estimate in 5 of 12 quarters(42%)
ActualEstimate

Forward guidance

Ekso Bionics is focused on developing the market for Indego Personal and strengthening relationships with network operators for Enterprise devices.

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 2024

Historical avgQ1 2024

-4.1%

Avg return

Earnings day

-1.6%

Avg return

5 days after

-4.0%

Avg return

30 days after

23%

11 / 47 earnings

Positive

+31.9%

Q2 2018

Best reaction

-27.4%

Q2 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026
Q3 2025-2.2%+9.6%-9.1%
Q2 2025-27.4%-23.0%-14.1%
Q1 2025-9.1%-10.4%-39.7%
Q4 2024-1.2%-19.9%-13.2%
Q3 2024-7.7%-14.7%-36.2%
Q2 2024-9.1%-9.2%+25.0%
Q1 2024-0.8%+4.8%-5.2%
Q4 2023-20.6%-22.6%-27.6%
Q3 2023-0.2%+36.2%+100.0%
Q2 2023-5.6%-11.2%-24.5%
Q1 2023+6.4%+3.6%+0.0%
Q4 2022-4.5%+7.1%-6.5%
Q3 2022-9.8%-6.7%-25.1%
Q2 2022+2.9%+7.0%+37.4%
Q1 2022-7.3%-4.9%-24.9%
Q4 2021+6.6%+7.9%+26.6%
Q3 2021+8.1%+7.1%-18.9%
Q2 2021-0.2%+4.3%-4.3%
Q1 2021+2.1%-1.8%+2.2%
Q4 2020-10.2%-8.8%-21.9%
Q3 2020-1.7%+0.5%+38.2%
Q2 2020-10.9%-13.4%-30.2%
Q1 2020-4.5%-8.1%-3.3%
Q4 2019-19.5%-13.7%-32.9%
Q3 2019-7.1%-12.9%-18.0%
Q2 2019-21.2%-23.0%-45.1%
Q1 2019-3.2%-4.1%-39.5%
Q4 2018-0.9%+2.1%+7.7%
Q3 2018+1.4%+1.9%-14.5%
Q2 2018+31.9%+44.5%+34.1%
Q1 2018-6.8%-9.7%+3.4%
Q4 2017-13.7%-13.1%-10.9%
Q3 2017-6.3%+80.4%+145.5%
Q2 2017-1.6%-1.3%-21.4%
Q1 2017-19.5%-36.3%-53.5%
Q4 2016+0.6%-6.1%+0.0%
Q3 2016+4.2%+0.2%+7.8%
Q2 2016-3.1%-2.8%-39.5%
Q1 2016-3.1%
Q4 2015-1.2%
Q3 2015-2.6%
Q2 2015-3.6%
Q1 2015-9.6%
Q4 2014+1.2%
Q3 2014+10.4%
Q2 2014-10.4%
Q1 2014-1.8%
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q4 2012
Q3 2012
Q2 2012

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