NASDAQ$EKSO

Ekso Bionics Holdings Inc · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

Ekso Bionics reported a 36% increase in revenue, reaching $4.8 million, and a gross profit of $2.4 million with a 49% gross margin for the quarter ended December 31, 2023.

Ekso Bionics reported record annual revenue of $18.3 million in 2023, driven by strong demand for EksoHealth devices. Fourth-quarter revenue increased by 36% to $4.8 million, with a gross profit of $2.4 million and a 49% gross margin. The company sold 38 EksoHealth units in Q4 2023.

  • Achieved record revenue of $18.3 million for the full year 2023, a 42% increase year-over-year.
  • Revenue for the quarter ended December 31, 2023, was $4.8 million, a 36% increase compared to the same period in 2022.
  • Gross profit for the quarter ended December 31, 2023, was $2.4 million, a 41% increase from the same period in 2022.
  • Net loss applicable to common stockholders for the quarter ended December 31, 2023, was $3.2 million, or $0.22 per basic and diluted share.

Headline financials

Total Revenue

$4.85M

Previous: $3.55M+36.5%
EPS (adj)

-$0.22

Previous: -$0.24+8.3%
Gross Margin

49.0%

No prior period
Capital Expenditures

-$43K

Previous: $53K-181.1%
Net Income

-$3.2M

Previous: -$2.05M-55.9%
Operating Income

-$3.45M

Previous: -$4.44M+22.2%
Gross Profit

$2.4M

Previous: $1.68M+43.0%
R&D Expense

$1.31M

No prior period
Stock-Based Comp

$479K

Previous: $928K-48.4%

Revenue & EPS history

Ekso Bionics · Revenue · Quarterly

$4.85M

Q4 2023+36.5%vs Q4 2022
Beat estimate in 5 of 12 quarters(42%)
ActualEstimate

Forward guidance

The company remains focused on expanding the reach of its exoskeleton devices and believes its robust portfolio and scalable commercial strategy position it well for long-term growth.

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 2023

Historical avgQ4 2023

-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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