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electroCore Provides Business Update and Select Financial Guidance


Press release content from Globe Newswire. The AP news staff was not involved in its creation.
electroCore Provides Business Update and Select Financial Guidance
electroCoreJanuary 11, 2021 GMT
Full year 2020 revenue expected at the upper end of previously announced guidance range of $3.3M - $3.5M; greater than 40% growth over full year 2019 revenue of $2.4M
Net cash used for the fourth quarter 2020 of $3.7 million, compares favorably to previously announced guidance of $4M
December 31, 2020 cash and cash equivalents of $22.6M
BASKING RIDGE, N.J., Jan. 11, 2021 (GLOBE NEWSWIRE) electroCore, Inc. (Nasdaq: ECOR), a commercial-stage bioelectronic medicine company, today provided an operating and business update as well as select unaudited financial guidance for the fourth quarter. ....

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