Mar. 24 at 2:19 PM
$ECOR : Q4/FY2025 Results Beat Consensus;
Platform Story Comes Into Focus as Revenue
Hits Record
$32M - We raise our price target to
$22.00 (from
$20.00) and reiterate our Outperform rating on electroCore, Inc. (NASDAQ: ECOR) following a clean Q4/FY2025 earnings beat. The company delivered record quarterly revenue of
$9.2 million (+31% YoY) and record full-year revenue of
$32.0 million (+27% YoY), exceeding both our estimates and the Street consensus across key metrics. Importantly, gross margin came in at 87% for the full year — 100 basis points above our model — reflecting durable product mix strength and growing operating discipline. READ MORE: https://hubs.ly/Q048477S0