Ekso Bionics Holdings Q1 2024 GAAP EPS $(0.20) Misses $(0.16) Estimate, Sales $3.756M Miss $4.993M Estimate
Portfolio Pulse from Benzinga Newsdesk
Ekso Bionics Holdings (NASDAQ:EKSO) reported Q1 2024 earnings with a GAAP EPS of $(0.20), missing the $(0.16) estimate, and sales of $3.756M, below the $4.993M estimate. This represents a 39.39% decrease in losses per share and an 8.88% decrease in sales compared to the same period last year.

April 29, 2024 | 8:11 pm
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NEGATIVE IMPACT
Ekso Bionics Holdings reported a larger than expected Q1 2024 loss and a miss in sales estimates, indicating potential challenges in its financial performance.
The miss in both earnings per share and sales estimates for Ekso Bionics Holdings suggests a negative short-term impact on the stock price. The reported decrease in losses per share year-over-year might offer some positive sentiment, but the miss on both key financial metrics is likely to weigh more heavily on investor sentiment and stock performance in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100