Ekso Bionics Holdings Inc (EKSO)

[abira]

If we look at the current ER within the light of what they had said in the past:

(1) They were targeting to get a pace of 30 GTs per quarter by the end of 2017. 21 units is better than 16 units that they had placed in Q4-2016 but still less than their target value.
(2) They wanted to drop cash burn to $1.4M per month -> $4.2M per quarter. Their current cash burn is $33.4M - $27.9M = $5.5M per quarter. Better but still higher than their target value.

The revenue in the Q4 2016 was $2.6M so there is no improvement on quarter to quarter revenues ($2.5M in Q4 2017.)

They had shipped 58 industrial units in Q4 2016 so with 56 units in this quarter, there is no improvement over there either.

I don't think this is a bad ER but there are no improvements in the numbers (compared to how they had performed in Q4 2016.)