NYSE$NSPR

InspireMD Inc · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

InspireMD reported record revenue, driven by CE Mark recertification and increased stent sales. Clinical trial data showed favorable results, and the company advanced its product pipeline.

InspireMD reported a record fourth quarter with a 71.6% increase in revenue compared to the same period last year. The company's growth was driven by CE Mark recertification and increased stent sales. InspireMD also announced positive data from its C-GUARDIANS clinical trial and advancements in its product pipeline.

  • Total revenue increased by 71.6% to $1.761 million compared to Q4 2022.
  • Over 3,100 stents were sold, representing a 74% year-over-year increase.
  • Gross profit increased by 155.1% to $505,000 compared to Q4 2022.
  • Cash, cash equivalents, short-term bank deposits and marketable securities were $39.0 million as of December 31, 2023, compared to $17.8 million as of December 31, 2022.

Headline financials

Total Revenue

$1.76M

Previous: $1.03M+71.6%
EPS (adj)

-$0.16

Previous: -$0.60+73.3%
Capital Expenditures

-$215K

Previous: $95K-326.3%
Net Income

-$5.41M

Previous: -$4.85M-11.6%
Operating Income

-$5.81M

Previous: -$5.13M-13.1%
Gross Profit

$505K

Previous: $198K+155.1%
R&D Expense

$2.04M

No prior period
Stock-Based Comp

$1.65M

Previous: $368K+348.1%

Revenue & EPS history

InspireMD · Revenue · Quarterly

$1.76M

Q4 2023+71.6%vs Q4 2022
Beat estimate in 12 of 14 quarters(86%)
ActualEstimate

Revenue by segment

InspireMD · $1.56M total across 1 segment · Q3 2023

  • CGuard EPS
    $1.56M+8.7%

Forward guidance

InspireMD is positioned with solutions to support CAS and TCAR procedures, with clinical and regulatory catalysts expected this year and next.

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

-3.7%

Avg return

Earnings day

-7.1%

Avg return

5 days after

-12.5%

Avg return

30 days after

32%

19 / 60 earnings

Positive

+15.4%

Q4 2014

Best reaction

-26.3%

Q3 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.7%+0.0%
Q4 2025+0.0%-2.8%-24.6%
Q3 2025-7.0%-21.0%-16.2%
Q1 2025+0.0%-9.2%-3.8%
Q4 2024+0.7%+0.4%-8.2%
Q3 2024+2.0%+2.8%+25.6%
Q2 2024-3.4%-3.4%-7.4%
Q1 2024-4.2%-4.2%+8.3%
Q4 2023+0.4%-3.0%-12.9%
Q3 2023-6.0%-9.0%-26.1%
Q2 2023+0.0%+3.5%+11.9%
Q1 2023-4.3%-2.2%+11.4%
Q4 2022-1.7%-6.1%-9.6%
Q3 2022-13.9%-22.2%+5.6%
Q2 2022-6.3%-5.9%-15.1%
Q1 2022-3.9%+1.0%+1.9%
Q4 2021+4.6%-4.6%+19.8%
Q3 2021-1.4%-3.4%-14.9%
Q2 2021-2.5%-4.8%+7.8%
Q1 2021+0.6%-3.2%+23.6%
Q4 2020-11.4%-4.9%-20.5%
Q3 2020+2.9%+0.0%+0.0%
Q2 2020-2.1%-2.1%-27.7%
Q1 2020+13.5%+6.8%-24.3%
Q4 2019-22.0%-35.4%-18.3%
Q3 2019-26.3%-33.8%-31.6%
Q2 2019-19.9%-18.0%-11.4%
Q1 2019-19.4%-24.3%-14.4%
Q4 2018-10.0%-12.5%-46.6%
Q3 2018-4.2%-8.3%-20.8%
Q2 2018+4.8%+4.8%-9.5%
Q1 2018+7.3%-2.4%-7.3%
Q4 2017-1.0%-0.8%-41.2%
Q3 2017+0.0%+2.6%-64.1%
Q2 2017-6.3%-16.7%-33.3%
Q1 2017+0.0%-7.9%-12.7%
Q4 2016-9.0%-14.5%-59.0%
Q3 2016-4.1%+2.4%+22.9%
Q2 2016-10.5%-15.8%-31.6%
Q1 2016-14.3%
Q4 2015+2.0%
Q3 2015-15.8%
Q2 2015-25.0%
Q1 2015-11.5%
Q4 2014+15.4%
Q3 2014-3.3%
Q2 2014+2.1%
Q1 2014+1.8%
Q4 2013+2.0%
Q3 2013-3.1%
Q2 2013-0.9%
Q1 2013-6.0%
Q4 2012-8.6%
Q3 2012+1.4%
Q2 2012+2.1%
Q1 2012-16.8%
Q4 2011+9.7%
Q3 2011+0.0%
Q2 2011+0.0%
Q1 2011+7.7%
Q4 2010
Q3 2010
Q2 2010
Q1 2010

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