Neuronetics(STIM)

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Neuronetics Set to Join Russell 2000® and Russell 3000® Indexes
GlobeNewswire News Room· 2025-06-02 20:30
MALVERN, Pa., June 02, 2025 (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM), a vertically integrated, commercial stage, medical technology and healthcare company with a strategic vision of transforming the lives of patients whenever and wherever they need help, with the leading neurohealth therapies in the world, today announced that it is set to join the broad-market Russell 3000® Index and the small-cap Russell 2000® Index at the conclusion of the Russell indexes annual reconstitution, effective aft ...
Neuronetics Launches First Inaugural National TMS Therapy Awareness Day During Mental Health Awareness Month
GlobeNewswire· 2025-05-14 12:31
New national awareness day will foster greater understanding of transcranial magnetic stimulation (TMS) treatment The company will celebrate on social media, sharing patient and provider stories that highlight the impact NeuroStar has as a safe, effective, and non-drug treatment for depression MALVERN, Pa., May 14, 2025 (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM), a vertically integrated, commercial stage, medical technology and healthcare company with a strategic vision of transforming the lives o ...
Neuronetics(STIM) - 2025 Q1 - Earnings Call Transcript
2025-05-06 13:32
Neuronetics (STIM) Q1 2025 Earnings Call May 06, 2025 08:30 AM ET Company Participants Mark Klausner - Investor RelationsKeith Sullivan - President and CEOSteve Furlong - EVP, CFO & TreasurerWilliam Plovanic - Managing Director - Equity ResearchDaniel Stauder - Director - Equity Research Conference Call Participants Margaret Kaczor Andrew - Research Analyst - HealthcareAdam Maeder - Senior Research Analyst Operator Good day, and thank you for standing by. Welcome to the Neuronetics Reports First Quarter twe ...
Neuronetics (STIM) Reports Q1 Loss, Tops Revenue Estimates
ZACKS· 2025-05-06 13:20
Neuronetics (STIM) came out with a quarterly loss of $0.21 per share versus the Zacks Consensus Estimate of a loss of $0.13. This compares to loss of $0.27 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -61.54%. A quarter ago, it was expected that this medical device company focused on psychiatric disorders would post a loss of $0.26 per share when it actually produced a loss of $0.33, delivering a surprise of -26.92%.Over th ...
Neuronetics(STIM) - 2025 Q1 - Earnings Call Presentation
2025-05-06 13:01
Transforming Lives Through NeuroHealth COMPANY PRESENTATION NASDAQ: STIM May 2025 Forward Looking Statements This presentation contains estimates and other statistical data prepared by independent parties and by Neuronetics, Inc. ("Neuronetics" or the "Company") relating to market size and growth and other data about the industry in which the Company operates. These estimates and data involve a number of assumptions and limitations, and you are cautioned not to give undue weight to such estimates and data. ...
Neuronetics(STIM) - 2025 Q1 - Earnings Call Transcript
2025-05-06 12:30
Neuronetics (STIM) Q1 2025 Earnings Call May 06, 2025 08:30 AM ET Speaker0 Good day, and thank you for standing by. Welcome to the Neuronetics Reports First Quarter twenty twenty five Financial and Operating Results Conference Call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session. To ask a question during the session, you will need to press 11 on your telephone. You will then hear an automated message advising that your ...
Neuronetics(STIM) - 2025 Q1 - Quarterly Report
2025-05-06 11:30
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 March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commission File Number: 001-38546 NEURONETICS, INC. (Exact name of registrant as specified in its charter) | | Trading | ...
Neuronetics(STIM) - 2025 Q1 - Quarterly Results
2025-05-06 11:10
Neuronetics Transforming Lives Through NeuroHealth COMPANY PRESENTATION NASDAQ: STIM May 2025 Forward Looking Statements This presentation contains estimates and other statistical data prepared by independent parties and by Neuronetics, Inc. ("Neuronetics" or the "Company") relating to ma size and growth and other data about the industry in which the Company operates. These estimates and data involve a number of assumptions and limitations, and you cautioned not to give undue weight to such estimates and da ...
Neuronetics Reports First Quarter 2025 Financial and Operating Results
GlobeNewswire· 2025-05-06 11:10
Core Insights - Neuronetics reported strong financial results for Q1 2025, with total revenues of $32.0 million, an 84% increase compared to $17.4 million in Q1 2024, primarily driven by the acquisition of Greenbrook [5][6][10] - The company is on track to achieve positive cash flow by Q3 2025, supported by growth initiatives and operational improvements [4][15] Financial Performance - Total revenues for Q1 2025 were $32.0 million, up 84% from $17.4 million in Q1 2024, with U.S. revenues increasing by 87% to $31.5 million [5][6] - U.S. clinic revenue reached $18.7 million, while treatment session revenue was $9.6 million, both reflecting the impact of the Greenbrook acquisition [8][10] - Gross margin decreased to 49.2% from 75.1% in the previous year, mainly due to the inclusion of Greenbrook's clinic business [9] - Operating expenses rose to $26.8 million, a 35% increase from $19.9 million in Q1 2024, largely due to Greenbrook's administrative costs [9] Operational Highlights - The integration of Greenbrook is progressing well, with significant operational advancements noted [6][15] - The Better Me Provider program is effectively increasing patient treatment rates and therapy initiation speed [4] - Major insurance coverage expansions for adolescent TMS treatment have been achieved, enhancing access for patients aged 15 and older [13][14] Strategic Developments - A secondary offering raised approximately $18.9 million in net proceeds, strengthening the company's financial position [6][15] - The company expects total worldwide revenue for Q2 2025 to be between $36.0 million and $38.0 million, and for the full year 2025, between $149.0 million and $155.0 million [16][17] Leadership Changes - Chief Financial Officer Steve Furlong will retire in March 2026, with a search for his successor already underway [12]
Evernorth Health Services, a Cigna Company, Expands NeuroStar® TMS Coverage for Adolescents Struggling with Depression
Newsfilter· 2025-03-31 12:31
"This decision by Cigna/Evernorth is a significant step forward for adolescent mental healthcare and reflects the momentum we have built with payors over the past year since NeuroStar first received the FDA clearance for adolescents," said Keith J. Sullivan, President and CEO of Neuronetics. "We are grateful that millions more families will now have easier access to NeuroStar TMS as a proven, non-drug treatment for major depression and can get the care they deserve." The expansion is effective immediately, ...