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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.