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Stock impact report

LENSAR Inc (LNSR) Q3 2024 Earnings Call Highlights: Record Revenue Growth and Strategic Expansion [Yahoo! Finance]

LENSAR, Inc. (LNSR) 
Company Research Source: Yahoo! Finance
Net Loss: $1.5 million or $0.13 loss per common share. Adjusted EBITDA: Positive $429,000, a $1.8 million improvement from Q3 2023. Recurring Revenue: $9.9 million in Q3 2024, with $38 million on a trailing 12-month basis, a 22% increase year-over-year. ALLY System Placements: 24 new systems in Q3 2024, a 118% increase from Q3 2023. Total Installed Base: Over 100 ALLY systems globally, a 170% increase from September 30, 2023. Operating Expenses: $7.5 million in Q3 2024, up from $6.9 million in Q3 2023. Cash and Cash Equivalents: $18.6 million as of September 30, 2024. Warning! GuruFocus has detected 6 Warning Signs with LNSR. Release Date: November 07, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript LENSAR Inc ( NASDAQ:LNSR ) achieved a record-breaking third quarter with a 118% increase in ALLY system placements compared to the previous year. The company expanded its market presence by successfully launchi Show less Read more
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