electroCore Announces Third Quarter 2026 Financial Results
Globe Newswire•04/11/2026•16:05 ET
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Key Highlights
- ➤Q3 net sales $9.7 million, up 12% year over year
- ➤GAAP net loss $1.3 million, down 61% year over year
- ➤2026 revenue outlook $39 million-$42 million, revised from prior greater than 30% growth
- ➤2027 revenue growth guidance 30%-40% over full-year 2026 revenue
- ➤Quell 510(k) submitted for chronic chemotherapy-induced peripheral neuropathy
Expert Statements
Joshua Lev, Co-Chief Executive Officer, President, and Chief Financial Officer of electroCore
“This quarter reflects the early stages of a more efficient commercial organization. This quarter we delivered record net sales of $9.7 million, up approximately 12% from a year ago, while spending less to do it, leading to the lowest operating loss in our history. More importantly, we have evidence that the transformation is working. We are deliberately prioritizing profitable, sustainable long-term growth over short-term results, which underpins our confidence in accelerating revenue growth and an inflection point in positive Adjusted EBITDA in 2027.”
Third quarter 2026 net sales of $9.7 million, an increase of 12% over $8.7 million
Net loss of $1.3 million decreased 61% from prior year with Adjusted EBITDA net loss improving 67% from prior-year period
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