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Neuronetics(STIM) - 2024 Q4 - Annual Results
2025-01-13 13:04
Exhibit 99.1 Neuronetics Provides Business Update and Issues 2025 Guidance MALVERN, PA., January 13, 2025 – Neuronetics, Inc. (NASDAQ: STIM) (the "Company") today announced preliminary fourth quarter and full year 2024 revenue and issued 2025 financial guidance. Preliminary Fourth Quarter and Full Year 2024 Results Neuronetics' preliminary unaudited fourth quarter and full year revenue 2024 was $22.1 and $74.5, respectively. These results reflect Neuronetics' standalone performance through December 10, 2024 ...
Neuronetics Provides Business Update and Issues 2025 Guidance
GlobeNewswire· 2025-01-13 13:00
Preliminary unaudited fourth quarter and full year revenue 2024 was $22.1 and $74.5, respectivelyClosed acquisition of Greenbrook TMS effective as of December 9, 2024Expects full year 2025 pro forma year-over-year revenue growth of 12% - 19%Expects to realize over $22 million in annualized cost synergies Expects to achieve cash flow breakeven in the third quarter of 2025 MALVERN, Pa., Jan. 13, 2025 (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM) (the “Company”) today announced preliminary fourth quarte ...
Neuronetics to Present at the Piper Sandler 36th Annual Healthcare Conference
GlobeNewswire News Room· 2024-11-20 13:30
MALVERN, Pa., Nov. 20, 2024 (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM), a medical technology company focused on designing, developing, and marketing products that improve the quality of life for patients who suffer from neurohealth disorders, today announced that the management team will present at the Piper Sandler 36th Annual Healthcare Conference on Wednesday, December 4, 2024. The Company is scheduled to present at 2:30pm Eastern Time the same day via webcast. A live audio webcast of the prese ...
Neuronetics(STIM) - 2024 Q3 - Earnings Call Transcript
2024-11-13 01:41
Neuronetics, Inc. (NASDAQ:STIM) Q3 2024 Earnings Call November 12, 2024 8:30 AM ET Company Participants Mark Klausner - Investor Relations Keith Sullivan - President and Chief Executive Officer Steve Furlong - Chief Financial Officer Conference Call Participants William Plovanic - Canaccord Genuity James Beers - William Blair Danny Stauder - JMP Operator Good day and thank you for standing by. Welcome to the Neuronetics Third Quarter 2024 Financial and Operating Results Conference Call. [Operator Instructio ...
CORRECTION—Neuronetics Reports Record Third Quarter 2024 Financial and Operating Results
GlobeNewswire News Room· 2024-11-12 23:45
MALVERN, Pa., Nov. 12, 2024 (GLOBE NEWSWIRE) -- In a release issued earlier today under the same headline by Neuronetics, Inc. (NASDAQ: STIM), please note that in the second paragraph of the "Stockholders Approve Acquisition of Greenbrook TMS" section, it should say that the Company expects to achieve cash flow breakeven by the third quarter of 2025, not the second. The corrected release follows: Neuronetics, Inc. (NASDAQ: STIM) (the “Company” or “Neuronetics”) a commercial stage medical technology company ...
Neuronetics Reports Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)
GlobeNewswire News Room· 2024-11-12 21:30
MALVERN, Pa., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM), a commercial stage medical technology company focused on designing, developing, and marketing products that improve the quality of life for patients who suffer from neurohealth disorders, today announced the granting of inducement awards of Restricted Stock Units representing a total of 13,500 shares of the Company’s common stock (RSUs) to seven new non-executive employees. In accordance with NASDAQ Listing Rule 5635(c)(4), th ...
Neuronetics (STIM) Reports Q3 Loss, Lags Revenue Estimates
ZACKS· 2024-11-12 14:21
Neuronetics (STIM) came out with a quarterly loss of $0.29 per share versus the Zacks Consensus Estimate of a loss of $0.23. This compares to loss of $0.33 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -26.09%. A quarter ago, it was expected that this medical device company focused on psychiatric disorders would post a loss of $0.27 per share when it actually produced a loss of $0.33, delivering a surprise of -22.22%.Over th ...
Neuronetics(STIM) - 2024 Q3 - Quarterly Report
2024-11-12 12:31
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ | --- | --- | --- | |-----------------------------------------------------------------------------------|------------ ...
Neuronetics Reports Record Third Quarter 2024 Financial and Operating Results
GlobeNewswire News Room· 2024-11-12 12:10
MALVERN, Pa., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM) (the “Company” or “Neuronetics”) a commercial stage medical technology company with a strategic vision of transforming the lives of patients whenever and wherever they need help, with the best neurohealth therapies in the world, today announced its financial and operating results for the third quarter of 2024. Third Quarter 2024 Highlights Third quarter 2024 revenue of $18.5 million, a 4% increase as compared to the third quar ...
Neuronetics(STIM) - 2024 Q3 - Quarterly Results
2024-11-12 12:01
Exhibit 99.1 Neuronetics Reports Record Third Quarter 2024 Financial and Operating Results MALVERN, PA., November 12, 2024 – Neuronetics, Inc. (NASDAQ: STIM) (the "Company" or "Neuronetics") a commercial stage medical technology company with a strategic vision of transforming the lives of patients whenever and wherever they need help, with the best neurohealth therapies in the world, today announced its financial and operating results for the third quarter of 2024. Third Quarter 2024 Highlights • Third quar ...