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Ekso Bionics Announces Third Quarter 2024 Financial Results

Ekso Bionics Holdings, Inc. (EKSO) 
NASDAQ:AMEX Investor Relations: ir.eksobionics.com
Company Research Source: GlobeNewswire
SAN RAFAEL, Calif., Oct. 28, 2024 (GLOBE NEWSWIRE) -- Ekso Bionics Holdings, Inc. (Nasdaq: EKSO) (the “Company”), an industry leader in exoskeleton technology for medical and industrial use, today reported financial results for the three and nine months ended September 30, 2024. Recent Highlights and Accomplishments Reported revenue of $4.1 million in the third quarter of 2024Sold a total of 33 EksoHealth devices in the third quarter of 2024Announced receipt of initial Centers for Medicare & Medicaid Services (“CMS”) reimbursement for Ekso Indego PersonalAchieved gross margin of 53.5% in the third quarter of 2024Completed underwritten offering resulting in net proceeds of approximately $5.0 million in September 2024 “The receipt of initial CMS reimbursement through our Durable Medical Equipment Medicare Administrative Contractors (“DMEs”) for our Ekso Indego Personal was a major milestone for us and, importantly, spinal cord injury (“SCI”) patients, allowing those covered by Medi Show less Read more
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