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ClearPoint Neuro to Announce Second Quarter 2022 Results August 9, 2022

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ClearPoint Neuro, Inc. (CLPT) will release its second-quarter financial results for 2022 on August 9, 2022, post-market close. A live broadcast will follow the announcement at 4:30 p.m. Eastern time. ClearPoint Neuro specializes in enabling therapies for complex neurological disorders. The company's ClearPoint Neuro Navigation System has received FDA clearance and is deployed in over 60 active sites globally. The press release also includes a caution regarding forward-looking statements and potential risks associated with the company's operations influenced by the COVID-19 pandemic and market acceptance.

Positive
  • The ClearPoint Neuro Navigation System is FDA cleared and CE-marked.
  • Installed in over 60 active sites across the U.S., Canada, and Europe.
  • Partnerships with approximately 45 biologics/pharmaceutical companies and academic centers.
Negative
  • Future revenue uncertainty from sales of the ClearPoint Neuro Navigation System.
  • Risks related to the COVID-19 pandemic affecting operations.
  • Challenges in achieving broader market acceptance for products.

SOLANA BEACH, Calif., July 26, 2022 (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 2022 second quarter on Tuesday, August 9, 2022, after the market close.

Investors and analysts are invited to listen to a live broadcast review of the Company's 2022 second quarter on Tuesday, August 9, 2022, 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 (404) 267-0369 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 9, 2022, 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, neuro-aspiration, 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 over 60 active sites in the United States, Canada, and Europe. ClearPoint Neuro is partnered with approximately 45 biologics/pharmaceutical companies and academic centers, providing solutions for direct CNS delivery of therapeutics in pre-clinical studies and clinical trials worldwide. To date, more than 5,000 cases have been performed and supported by the Company’s field-based clinical specialist team, which offers support and services to our customers and partners worldwide. 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, 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 and the measures adopted to contain its spread; future revenue from sales of the Company’s ClearPoint Neuro Navigation System products; the Company’s ability to market, commercialize and achieve broader market acceptance for the Company’s ClearPoint Neuro Navigation System products; and risks inherent in the research and development 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, 2021, and the Company’s Quarterly Report on Form 10-Q for the three months ended March 31, 2022, both of which have been filed with the Securities and Exchange Commission, and the Company’s Quarterly Report on Form 10-Q for the three months ended June 30, 2022, which the Company intends to file with the Securities and Exchange Commission on or before August 15, 2022.


FAQ

When will ClearPoint Neuro release its second-quarter financial results for 2022?

ClearPoint Neuro will release its second-quarter financial results on August 9, 2022, after market close.

What time is the conference call for ClearPoint Neuro's Q2 2022 results?

The conference call for ClearPoint Neuro's Q2 2022 results is scheduled for August 9, 2022, at 4:30 p.m. Eastern time.

What is the stock symbol for ClearPoint Neuro?

The stock symbol for ClearPoint Neuro is CLPT.

How many active sites are using the ClearPoint Neuro Navigation System?

The ClearPoint Neuro Navigation System is installed in over 60 active sites.

What are some risks mentioned in the ClearPoint Neuro press release?

Risks include future revenue uncertainty, COVID-19 pandemic impacts, and challenges in market acceptance of products.

ClearPoint Neuro, Inc.

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