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ClearPoint Neuro to Announce First Quarter 2023 Results May 11, 2023

Key Takeaway: ClearPoint Neuro, Inc. will announce its financial results for the first quarter of 2023 on May 11, 2023, after market close. A live conference call will be held at 4:30 PM ET that day for investors and analysts to review these results. The call will also be available via a replay for those who cannot attend live. ClearPoint aims to improve neurological therapy delivery through its established navigation systems, which have received FDA clearance and are installed globally.
Price reaction · baseline $10.55 (2023-04-27 close) · hit after-hours · clean, no other CLPT news in the window
day 0 close
-0.3%

Market Sentiment Analysis

POSITIVE FACTORS

  • ClearPoint Neuro is set to release its first quarter 2023 results, indicating continued operations.
  • The company is actively engaging with investors and analysts through a scheduled conference call.
  • ClearPoint Neuro's technology is FDA cleared and has a global presence with installations in over 65 sites.

Full Press Release Details

SOLANA BEACH, Calif., April 28, 2023 (GLOBE NEWSWIRE) -- ClearPoint Neuro, Inc. (NASDAQ: CLPT) (the “Company”), a global therapy-enabling platform company providing navigation and delivery to the brain, today announced that it will release financial results for its 2023 first quarter on Thursday, May 11, after the market close.
Investors and analysts are invited to listen to the live broadcast review of the Company’s 2023 first quarter on Thursday, May 11, 2023, at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) which may be accessed online here. Investors and analysts who would like to participate in the conference call via telephone may do so at (888) 428-7458, or at (862) 298-0702 if calling from outside the U.S. or Canada.
For those who cannot access the live broadcast, a replay will be available shortly after the completion of the call until June 11, 2023, by calling (877) 660-6853 or (201) 612-7415 if calling from outside the U.S. or Canada, and then entering conference I.D. number 413671. An online archive of the broadcast will be available on the Company’s Investor website at https://ir.clearpointneuro.com
About ClearPoint Neuro
ClearPoint Neuro’s mission is to improve and restore quality of life to patients and their families by enabling therapies for the most complex neurological disorders with pinpoint accuracy. Applications of the Company’s current product portfolio include deep brain stimulation, laser ablation, biopsy, and delivery of drugs, biologics, and gene therapy to the brain. The ClearPoint® Neuro Navigation System has FDA clearance, is CE-marked, and is installed in more than 65 sites in North America, Europe, and South America. ClearPoint Neuro is partnered with more than 50 biologics/pharmaceutical companies, academic centers, and contract research organizations, providing solutions for direct CNS delivery of therapeutics in pre-clinical studies and clinical trials worldwide. To date, more than 6,000 procedures have been performed and supported by the Company’s field-based clinical specialist team, which offers support and services to our customers and partners. For more information, please visit www.clearpointneuro.com.
Forward-Looking Statements
Statements in this press release and in the teleconference referenced above concerning the Company’s plans, growth and strategies may include forward-looking statements within the context of the federal securities laws. Statements regarding the Company's future events, developments and future performance, the size of total addressable markets or the market opportunity for the Company’s products and services, as well as management's expectations, beliefs, plans, estimates or projections relating to the future, are forward-looking statements within the meaning of these laws. Uncertainties and risks may cause the Company's actual results to differ materially from those expressed in or implied by forward-looking statements. Particular uncertainties and risks include those relating to: the impact of the COVID-19 pandemic, global instability, supply chain disruptions, labor shortages, and macroeconomic and inflationary conditions; future revenue from sales of the Company’s ClearPoint Neuro Navigation System and other new products offered by the Company; the Company’s ability to market, commercialize and achieve broader market acceptance for the Company’s ClearPoint Neuro Navigation System and other new products offered by the Company; the ability of our biologics and drug delivery partners to achieve commercial success, including their use of our products and services in their delivery of therapies; and risks inherent in the research, development, and regulatory approval of new products. More detailed information on these and additional factors that could affect the Company’s actual results are described in the “Risk Factors” section of the Company’s Annual Report on Form 10-K for the year ended December 31, 2022, which has been filed with the Securities and Exchange Commission, and the Company’s Quarterly Report on Form 10-Q for the three months ended March 31, 2023, which the Company intends to file with the Securities and Exchange Commission on or before May 11, 2023

Frequently Asked Questions

When will ClearPoint Neuro announce its Q1 2023 financial results?

ClearPoint Neuro will announce its Q1 2023 financial results on May 11, 2023.

How can I access the live broadcast of ClearPoint Neuro's Q1 call?

Listeners can access the live broadcast online on May 11, 2023, at 4:30 p.m. ET.

Is there a way to replay the conference call later?

Yes, a replay will be available until June 11, 2023, via specific phone numbers.

What is the mission of ClearPoint Neuro?

ClearPoint Neuro aims to enhance quality of life for patients through advanced neurological therapies.

How many procedures have ClearPoint supported to date?

ClearPoint Neuro has supported over 6,000 procedures globally.

Last updated: Apr 28, 2023