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Neuronetics: Q2 Earnings Snapshot

Neuronetics: Q2 Earnings Snapshot

By AP News
Published - Aug 12, 2024, 07:19 AM ET
Last Updated - Aug 12, 2024, 07:19 AM EDT

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.

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