electroCore, Inc.
NASDAQ:ECOR

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electroCore, Inc. Logo
electroCore, Inc.
NASDAQ:ECOR
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Price: 4.77 USD 0.42% Market Closed
Market Cap: 38.2m USD

electroCore, Inc.
Investor Relations

electroCore, Inc. engages in the provision of non-invasive vagus nerve stimulation (nVNS) therapy. The company is headquartered in Rockaway, New Jersey and currently employs 52 full-time employees. The company went IPO on 2018-06-22. nVNS is a platform for bioelectronic medical therapy that modulates neurotransmitters and immune function through its effects on both the peripheral and central nervous systems. The firm is providing gammaCore device for the treatment of cluster headache and migraine, the acute treatment of migraine and episodic cluster headache, the acute and preventive treatment of migraines in adolescents, and paroxysmal hemicrania and hemicrania continua in adults. gammaCore permits patients to self-administer doses of nVNS on an as-needed basis for treatment of prevent multiple types of headache pain via the vagus nerve. The gammaCore therapy is also used to treat primary headache, including migraine, cluster headache (CH), hemicrania continua and paroxysmal hemicrania (PH) and coronavirus (COVID-19).

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 5, 2025
AI Summary
Q3 2025

Record Revenue: Revenue for Q3 2025 reached a record $8.7 million, up 33% from last year and 18% sequentially.

Guidance Raised: Full-year 2025 revenue guidance was increased to $31.5–$32.5 million.

Growth Drivers: Strong VA channel performance, launch of Quell Fibromyalgia, and renewed growth in Truvaga sales drove results.

Profitability Delayed: Management is investing in growth and expects positive adjusted EBITDA in the second half of 2026, pushing back earlier profitability targets.

Gross Margins: Gross margin remained robust at 86%, up from 84% last year.

Strategic Investments: Recent acquisition of NeuroMetrix’s Quell portfolio, expansion in managed care, wellness, and international channels highlighted.

Cash Position: Cash at September 30, 2025, was $13.2 million, with projected year-end cash of $10.5 million.

Litigation Update: Ongoing legal action against a European copycat device company was noted, with management focused on winning the case.

Key Financials
Revenue
$8.7 million
Gross Margin
86%
Prescription Device Revenue
$6.8 million
Health and Wellness Product Revenue
$1.9 million
Gross Profit
$7.5 million
Net Loss
$3.4 million
Net Loss Per Share
$0.40 per share
Adjusted EBITDA Net Loss
$2 million
Cash, Cash Equivalents, Restricted Cash and Marketable Securities
$13.2 million
Quell Revenue
$595,000
Truvaga Revenue
$1.67 million
Cash Used in Q3 2025
$1.5 million
Cash Used in First 9 Months of 2025
$6.5 million
Earnings Call Recording
Other Earnings Calls

Management

Mr. Daniel S. Goldberger
CEO & Director
No Bio Available
Dr. Thomas J. Errico M.D.
Founder & Independent Director
No Bio Available
Mr. Joshua S. Lev
Chief Financial Officer
No Bio Available
Mr. Michael Romaniw
Executive Vice President of Systems & Operations
No Bio Available
Mr. Donald Melnikoff
Senior Vice President of Engineering, Regulatory & Compliance
No Bio Available
Mr. Mitch Deshon
Vice President of Global Sales & Business Development
No Bio Available
Mr. Michael Mansfield
Vice President of Marketing
No Bio Available
Ms. Carrie Kochek
Senior Director of Human Resources
No Bio Available
Dr. Peter S. Staats M.B.A., M.D.
Chief Medical Officer
No Bio Available
Mr. Manuel A. Marques
Senior Vice President of Operations
No Bio Available

Contacts

Address
NEW JERSEY
Rockaway
200 Forge Way, Suite 205
Contacts
+19732900097.0
www.electrocore.com