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LENSAR (LNSR)
NASDAQ:LNSR
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Earnings Data
Report Date
Mar 11, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
-$0.18Last Year’s EPS
-$0.35Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 07, 2024
|% Change Since: 31.40%
|Next Earnings Date:Mar 11, 2025
Earnings Call Sentiment|Positive
The earnings call was generally positive, highlighting significant growth in system placements, revenue, and market share. The expansion into new markets and strong recurring revenue growth were particularly noteworthy. However, challenges such as a decreased gross margin and a net loss for the quarter were also acknowledged.Company Guidance
During the LENSAR Q3 2024 earnings call, the company provided several key metrics reflecting its robust performance and future guidance. LENSAR reported a remarkable 118% increase in the placement of ALLY Systems compared to Q3 2023, with 24 new systems placed, contributing to a total installed base of over 100 ALLY systems globally—a 170% increase from the previous year. This expansion was supported by a 38% increase in total revenue, reaching $13.5 million, driven by strong international sales following regulatory approvals in the EU and Taiwan. Recurring revenue for the trailing 12 months rose by 22% to $38 million, with procedure volumes increasing 29% year-over-year. The company expects continued growth in Q4 2024, traditionally its strongest quarter, and aims to leverage its 20% share of the U.S. procedure market while expanding further internationally.Record-Breaking ALLY System Placement
24 new ALLY Systems placed in Q3 2024, a 118% increase from Q3 2023 and a 41% increase from Q2 2024, driven by market expansion to the EU and Taiwan.
Significant Revenue Growth
Achieved $13.5 million in revenue in Q3 2024, a 38% increase from Q3 2023, attributed to robust growth in system placements and procedure volumes.
Increased Global Market Share
Total installed base of ALLY systems grew to over 100 globally, a 170% increase from September 2023, with a 20% increase in overall installed base year-over-year.
Strong Recurring Revenue Growth
Recurring revenue totaled approximately $9.9 million in Q3 2024, with a 22% increase over 12 months ended September 30, 2023.
Positive Adjusted EBITDA
Achieved positive adjusted EBITDA of $429,000 in Q3 2024, compared to a negative $1.4 million in Q3 2023, representing a favorable $1.8 million swing.
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LNSR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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LNSR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | $5.86 | $6.87 | +17.24% |
| Aug 08, 2024 | $4.43 | $3.99 | -9.93% |
| May 09, 2024 | $3.39 | $3.82 | +12.68% |
| Mar 04, 2024 | $4.70 | $4.83 | +2.77% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does LENSAR (LNSR) report earnings?
LENSAR (LNSR) is schdueled to report earning on Mar 11, 2025, TBA Not Confirmed.
What is LENSAR (LNSR) earnings time?
LENSAR (LNSR) earnings time is at Mar 11, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LNSR EPS forecast?
LNSR EPS forecast for the fiscal quarter 2024 (Q4) is -$0.18.
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