BrainsWay Ltd. (BWAY) Misses Q3 EPS by 9c

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Go back to BrainsWay Ltd. (BWAY) Misses Q3 EPS by 9c

BrainsWay Reports Third Quarter 2022 Financial Results and Operational Highlights

November 16, 2022 7:30 AM EST

BURLINGTON, Mass. and JERUSALEM, Nov. 16, 2022 (GLOBE NEWSWIRE) -- BrainsWay Ltd. (NASDAQ & TASE: BWAY) (BrainsWay or the Company), a world leader in advanced and non-invasive treatment for brain disorders, today reported third quarter 2022 financial results and provided an operational update.

Recent Financial and Operational Highlights

For the three months ended September 30, 2022, revenues were $5.2 million, a 36% decrease as compared to the prior year period.As of September 30, 2022, BrainsWays Deep TMS installed base was 851 total systems, a 19% increase from the installed... More