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1Q Earnings: Ekso Bionics Holding (OTCBB: EKSO)

5/19/15: By all accounts, Ekso Bionics Holding (OTCBB: EKSO) is on track and producing results that make it more valuable by the day. Here are a few key excerpts from EKSO’s recent earnings release: Year-over-year revenue growth is 54.55%; Ekso Labs just received its second government contract this year and is now working on its third U.S. government exoskeleton project; The company has had an additional three patents granted; The company's first distributor is now fully certified and trained up; Ekso's now sold and/or rented 125 medical devices to more than 90 customers, including 12 with multiple units on location. Of note, medical revenue is up 87%; Ekso is now field testing new proto types and has made several new key hires, including Tom Mastaler, the former head of global operations for Milwaukee Electric Tool Corp; And last but not least, the company turned in a net loss of only $4.1 million or $0.04 per share, versus a net loss of $81.8 million the same period in 2014.

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