Recent Updates
Recently added Catalysts
CLPT Positive Sentiment Score: 65/100

ClearPoint Neuro to Announce Second Quarter 2023 Results August 8, 2023

Key Takeaway: ClearPoint Neuro, Inc. is set to announce its financial results for the second quarter of 2023 on August 8. Investors and analysts are invited to participate in a live conference call where the results will be discussed. The company is focused on improving therapy delivery for complex neurological disorders through its ClearPoint Neuro Navigation System, which is already installed in over 65 sites worldwide. However, ClearPoint is aware of various risks that could impact their performance, including economic conditions and market acceptance of their products.

Market Sentiment Analysis

POSITIVE FACTORS

  • ClearPoint Neuro has announced a scheduled release of second quarter results, indicating transparency and communication with investors.
  • The company has a strong mission to improve the quality of life for patients with complex neurological disorders.
  • ClearPoint Neuro's products are FDA cleared and CE-marked, highlighting regulatory confidence in their technology.

CONCERNS & RISKS

  • The company faces uncertainties related to the COVID-19 pandemic and global instability which could impact future results.
  • Supply chain disruptions and labor shortages may hinder the company's operations and growth.
  • There are inherent risks involved in research, development, and obtaining regulatory approval for new products.

Full Press Release Details

SOLANA BEACH, Calif., July 25, 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 second quarter on Tuesday, August 8, after the market close.
Investors and analysts are invited to listen to the live broadcast review of the Company’s 2023 second quarter on Tuesday, August 8, 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) 437-3179, 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 September 7, 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 and 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, and the Company’s Quarterly Report on Form 10-Q for the three months ended March 31, 2023, both of which the Company filed with the Securities and Exchange Commission, and the Company’s Quarterly Report on Form 10-Q for the three months ended June 30, 2023, which the Company intends to file with the Securities and Exchange Commission on or before August 14, 2023.

Contact Data

Danilo D’Alessandro, Chief Financial Officer
Investor Relations – ClearPoint Neuro
Caroline Corner, PhD

Contact

With a Reader Account, it's easy to send email directly to the contact for this release. Sign up today for your free Reader Account!
Already have an account? Log in here.

Frequently Asked Questions

When will ClearPoint Neuro release its financial results?

ClearPoint Neuro will release its financial results on August 8, 2023, after market close.

How can I join ClearPoint Neuro's second quarter call?

Join the call on August 8 at 4:30 p.m. ET by calling (888) 437-3179 or online.

Where can I find a replay of the conference call?

A replay will be available until September 7, 2023, using conference ID 413671.

What is the mission of ClearPoint Neuro?

ClearPoint Neuro aims to improve patient quality of life through precise neurological therapies.

How many procedures has ClearPoint Neuro supported?

ClearPoint Neuro has supported over 6,000 procedures in various clinical applications.

Last updated: Jul 25, 2023