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Ekso Bionics Holdings, Inc. - EKSO STOCK NEWS

Welcome to our dedicated page for Ekso Bionics Holdings news (Ticker: EKSO), a resource for investors and traders seeking the latest updates and insights on Ekso Bionics Holdings stock.

Ekso Bionics Holdings, Inc. (Symbol: EKSO) is a pioneering company in the field of robotic exoskeletons, or wearable robots, aimed at augmenting human strength, endurance, and mobility. Since its founding in 2005, Ekso Bionics has developed cutting-edge technology that has enabled thousands of people with paralysis to take millions of steps that would otherwise be impossible. Headquartered in Richmond, California, with international offices in London, the company has been a leader in both the healthcare and industrial markets.

Ekso Bionics operates through two main segments: EksoHealth and EksoWorks. The EksoHealth segment, which generates the majority of the company's revenue, focuses on designing, engineering, manufacturing, and selling exoskeletons for medical applications. These devices are worn over clothing and controlled by trained operators to assist individuals with mobility challenges. The EksoWorks segment, on the other hand, targets able-bodied users by creating exoskeleton devices that help them perform strenuous, repetitive tasks for extended periods.

Over the years, Ekso Bionics has been at the forefront of innovation, continuously pushing the boundaries of what robotic exoskeletons can achieve. Their products have not only redefined the scope of physical rehabilitation but have also found significant applications in various industrial settings, allowing workers to carry out challenging tasks more efficiently. Ekso Bionics is committed to breaking physical limitations and helping users reach new heights of capability.

For the latest updates, partnerships, and developments related to Ekso Bionics and their stock performance, visit StockTitan regularly.

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Ekso Bionics Holdings, Inc. announces that the Centers for Medicare & Medicaid Services (CMS) has finalized its 2024 Home Health Rule, which includes exoskeletons in the Medicare brace benefit category. This ruling could significantly expand the market for Ekso Indego Personal, a modular and portable exoskeleton that provides increased mobility for individuals with spinal cord injuries. The ruling will go into effect on January 1, 2024.
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Ekso Bionics reports record quarter with $4.6 million in revenue, a 38% YoY increase. Sold 41 EksoHealth devices and achieved record quarter of EVO unit sales. Gross profit of $2.5 million, representing a gross margin of approximately 53%. Net loss narrowed to $3.4 million.
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Ekso Bionics to release Q3 2023 financial and business results
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Ekso Bionics supports CMS proposal to include personal exoskeletons in Medicare benefit category for braces, potentially expanding market for Ekso Indego Personal.
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Ekso Bionics Holdings to participate in fireside chat at H.C. Wainwright conference
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Ekso Bionics reports record revenues of $4.7 million in Q2 2023, a 36% YoY increase. They booked a total of 44 EksoHealth devices. Gross profit was $2.3 million with a gross margin of 48%. Cash position is $13.3 million as of June 30, 2023.
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Ekso Bionics Holdings (Nasdaq: EKSO) will announce its financial and business results for Q1 2023 on April 27, 2023. The release will take place after the close of trading, followed by a conference call at 1:30 PM PT / 4:30 PM ET to discuss the results and recent developments. A live webcast will be available on the Company’s website, providing investors with real-time insights. This call presents an opportunity for stakeholders to engage with management regarding the company’s performance in the exoskeleton technology sector, which serves both medical and industrial markets. The replay of the call will also be accessible for one month post-event.

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Ekso Bionics (Nasdaq: EKSO) has announced a significant collaboration with SoldierStrong, a non-profit focused on improving Veterans' lives through technology. SoldierStrong will donate an Ekso Indego Therapy device to the Spinal Cord Injury Unit at Augusta's Charlie Norwood VA Medical Center. This donation marks the 30th exoskeleton provided by SoldierStrong over the last decade, reaffirming their commitment to Veterans. The device is designed for individuals with spinal injuries and stroke, enabling them to stand and walk. A donation ceremony is scheduled for April 26, 2023, featuring a demonstration of the device, further emphasizing its clinical benefits. This partnership aims to deliver critical rehabilitation support, enhancing mobility for Veterans.

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FAQ

What is the current stock price of Ekso Bionics Holdings (EKSO)?

The current stock price of Ekso Bionics Holdings (EKSO) is $0.5801 as of December 20, 2024.

What is the market cap of Ekso Bionics Holdings (EKSO)?

The market cap of Ekso Bionics Holdings (EKSO) is approximately 13.4M.

What does Ekso Bionics Holdings, Inc. do?

Ekso Bionics Holdings, Inc. designs, develops, and sells wearable robotic exoskeletons to augment human strength, endurance, and mobility.

Where is Ekso Bionics headquartered?

Ekso Bionics is headquartered in Richmond, California.

What are the main segments of Ekso Bionics?

Ekso Bionics operates through two main segments: EksoHealth and EksoWorks.

What does the EksoHealth segment specialize in?

The EksoHealth segment specializes in designing, engineering, manufacturing, and selling exoskeletons for medical applications.

What does the EksoWorks segment focus on?

The EksoWorks segment focuses on creating exoskeleton devices for able-bodied users to perform repetitive tasks more efficiently.

How has Ekso Bionics impacted people with paralysis?

Ekso Bionics' exoskeletons have helped thousands of people with paralysis take millions of steps that would otherwise be impossible.

In which regions does Ekso Bionics operate?

Ekso Bionics operates in the Americas, EMEA (Europe, Middle East, and Africa), and APAC (Asia-Pacific).

How can I get in touch with Ekso Bionics for investor relations?

For investor relations, you can contact David Carey at 212-867-1768 or via email at investors@eksobionics.com.

What innovations has Ekso Bionics brought to the industrial market?

Ekso Bionics has developed exoskeleton devices that enable workers to carry out difficult, repetitive tasks for extended periods, enhancing efficiency and reducing fatigue.

How does Ekso Bionics contribute to physical rehabilitation?

Ekso Bionics' exoskeletons are used in medical settings to assist individuals with mobility challenges, facilitating physical rehabilitation by aiding movement and strength.

Ekso Bionics Holdings, Inc.

Nasdaq:EKSO

EKSO Rankings

EKSO Stock Data

13.42M
20.03M
7.91%
25.25%
0.39%
Medical Instruments & Supplies
General Industrial Machinery & Equipment, Nec
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United States of America
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