Neuronetics: Q2 Earnings Snapshot
News > Regional News
Audio By Carbonatix
7:19 AM on Monday, August 12, 2024
The Associated Press
MALVERN, Pa. (AP) — MALVERN, Pa. (AP) — Neuronetics Inc. (STIM) on Monday reported a loss of $9.8 million in its second quarter.
On a per-share basis, the Malvern, Pennsylvania-based company said it had a loss of 33 cents.
The medical device company focused on psychiatric disorders posted revenue of $16.5 million in the period.
For the current quarter ending in September, Neuronetics said it expects revenue in the range of $18.5 million to $19.5 million.
The company expects full-year revenue in the range of $78 million to $80 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on STIM at https://www.zacks.com/ap/STIM
