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ROCKAWAY, N.J. - electroCore, Inc. (NASDAQ:ECOR), a bioelectronic medicine company with a market capitalization of $32.68 million, has appointed Kelly Benning as Senior Vice President of its consumer wellness division, Truvaga, effective July 21, 2025, according to a company press release. The company’s stock is currently trading near its 52-week low of $4.16, despite showing strong revenue growth of 30% over the last twelve months.
Benning brings nearly three decades of leadership experience in digital health, AI-enabled technologies, and consumer wellness to the bioelectronic medicine company. She previously served in executive roles at LiveMetric, IBM Watson Health, CipherHealth, Savonix, Healthgrades, and National Jewish Health. According to InvestingPro data, electroCore maintains an impressive gross profit margin of 85.52%, though analysts anticipate continued profitability challenges in the current fiscal year.
In her new position, Benning will lead strategy, operations, and growth for electroCore’s digital wellness platform. The company stated she has successfully commercialized pioneering digital health products, including an FDA-cleared watch for blood pressure monitoring.
"I plan to use strategic partnerships to provide more accessibility to those looking to purchase our consumer devices," Benning said in the statement.
electroCore CEO Dan Goldberger expressed confidence in Benning’s ability to expand the company’s direct-to-consumer strategy, describing her appointment as "the first of several benefits from our accelerating investment to support electroCore’s growth."
The company’s product portfolio includes gammaCore non-invasive vagus nerve stimulation, Quell neurostimulator for chronic pain, and Truvaga products for general wellness and human performance. InvestingPro analysis reveals additional insights about electroCore’s performance and potential, with over 10 exclusive ProTips and detailed financial metrics available to subscribers, including comprehensive valuation analysis and peer comparison tools.
Benning holds a Bachelor of Arts in Kinesiology and Exercise Science from the University of Colorado Boulder.
In other recent news, Electrocore LLC reported a 20% increase in revenue for the second quarter of 2025, totaling $7.4 million. Despite this revenue growth, the company experienced a net loss of $3.7 million, which translates to a loss of $0.44 per share. Electrocore remains optimistic about its financial future, projecting a cash balance of around $10.5 million by the end of 2025. The company’s stock price remained stable in aftermarket trading. These recent developments highlight the company’s financial performance and future projections.
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