Neuronetics Inc. (STIM) Prelim. Q3 Revenue Falls Short of Prior Guidance
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Neuronetics Announces Preliminary Revenue for Third Quarter 2021
October 12, 2021 4:15 PM EDTMALVERN, Pa., Oct. 12, 2021 (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 provided preliminary revenue results for the third quarter of 2021.
The Company expects total revenue for the third quarter to be approximately $13.8 million, compared to previously issued guidance of $15.0 million to $16.0 million. The Company now expects full-year revenue to be in the range of $53.3 million to $54.3 million.
Our third quarter revenue came in lower than anticipated... More
