Clearpoint Neuro Inc
NASDAQ:CLPT

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Clearpoint Neuro Inc
NASDAQ:CLPT
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Price: 13.3847 USD 3.52%
Market Cap: $398.2m

Clearpoint Neuro Inc
Investor Relations

Clearpoint Neuro, Inc. engages in the development and commercialization of platforms for performing minimally invasive surgical procedures in the brain and heart. The company is headquartered in Solana Beach, California and currently employs 80 full-time employees. The company went IPO on 2019-07-03. The Company’s product platforms include SmartFlow Cannula and ClearPoint Navigation System Software. The SmartFlow Cannula is being utilized in approved combination product clinical and preclinical studies by pharmaceutical companies and academic research customers for various research and clinical trials in connection with delivery of therapeutic agents. The ClearPoint Navigation System Software is a software for surgical planning, navigation to target, and device delivery. The Company’s software and MRI-compatible workstation coordinate with the scanner to effectively utilize intraprocedural MR images. This provides real-time navigational instruction for the neurosurgeon to reach the desired anatomical target with a high degree of precision.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 6, 2025
AI Summary
Q3 2025

Merger Announcement: ClearPoint Neuro announced an agreement to acquire IRRAS, aiming to expand its product portfolio and commercial reach in neurosurgery and neurocritical care.

Q3 Revenue Growth: Revenue for Q3 2025 was $8.9 million, up 9% from the prior year but with slower growth due to the company's CRO facility transition.

Gross Margin Expansion: Gross margin improved to 63% from 60% a year ago, driven by product mix and higher-margin service revenue.

Guidance Narrowed: 2025 revenue forecast narrowed to $36–38 million (within previous guidance); combined company revenue for 2026 guided to $54–60 million.

Operational Funding: Secured access to $20 million in additional funding to support the IRRAS acquisition and post-merger integration.

Strategic Shift: Company outlined a two-pronged growth strategy, targeting both existing $1 billion+ markets and building a new $10 billion+ market in neuro drug delivery.

CRO Facility Impact: Temporary slowdown in biologics and drug delivery growth attributed to prioritization of moving and certifying the new CRO facility, with expectation of double-digit growth resuming in Q4 and beyond.

Key Financials
Revenue
$8.9 million
Gross Margin
63%
Cash and Cash Equivalents
$38.2 million
Research and Development Costs
$3.5 million
Sales and Marketing Expenses
$3.8 million
General and Administrative Expenses
$3.6 million
Earnings Call Recording
Other Earnings Calls

Management

Mr. Joseph Michael Burnett
President, CEO & Director
No Bio Available
Mr. Danilo D'Alessandro
Chief Financial Officer
No Bio Available
Mr. Jeremy Stigall
Chief Business Officer
No Bio Available
Mr. Mazin Sabra
Chief Operating Officer
No Bio Available
Ms. Ellisa Cholapranee J.D.
General Counsel & Secretary
No Bio Available
Ms. Jacqueline Keller
Vice President of Marketing
No Bio Available

Contacts

Address
CALIFORNIA
Solana Beach
120 S. Sierra Avenue, Suite 100
Contacts