Neuronetics: Q1 Earnings Snapshot
By AP News
Published - May 09, 2023, 07:51 AM ET
Last Updated - Jun 21, 2023, 09:39 PM EDT
MALVERN, Pa. (AP) — MALVERN, Pa. (AP) — Neuronetics Inc. (STIM) on Tuesday reported a loss of $10.5 million in its first quarter.
The Malvern, Pennsylvania-based company said it had a loss of 38 cents per share.
The medical device company focused on psychiatric disorders posted revenue of $15.5 million in the period.
For the current quarter ending in June, Neuronetics said it expects revenue in the range of $17 million to $18 million.