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Stock impact report

electroCore Announces Third Quarter 2024 Financial Results

electroCore, Inc. (ECOR) 
Last electrocore, inc. earnings: 3/23 04:05 pm Check Earnings Report
Company Research Source: GlobeNewswire
Record quarterly revenues driven by 75% YoY growth of Rx gammaCore™ in the VA/DoD and 147% increase in Truvaga™ sales  Company to host a conference call and webcast today, November 13, 2024 at 4:30 p.m. EST ROCKAWAY, N.J., Nov. 13, 2024 (GLOBE NEWSWIRE) -- electroCore, Inc. (Nasdaq: ECOR), a commercial-stage bioelectronic medicine company and wellness company, today announced third quarter 2024 financial results. Recent Highlights Eighth consecutive record quarterly revenue of $6.6 million, an increase of 45% over third quarter 2023Year to date, revenue of $18.1 million; an increase of 67% over the first nine months of 2023Sales of Rx gammaCore™ and Truvaga™ before variable TAC-STIM™ sales increased 63% over the third quarter 2023Net loss of $2.5 million, a reduction of 38% over third quarter 2023Net cash used in operating activities through the nine months ended September 30, 2024 of $5.7 million, a decrease of 51% over the nine months ended September 30, 2023 “Demand for our Show less Read more
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