Neuronetics (STIM) Misses Q1 EPS by 4c; Offers FY23 Revenue Guidance

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Neuronetics Reports Record First Quarter 2023 Financial and Operating Results

May 9, 2023 7:30 AM EDT

MALVERN, Pa., May 09, 2023 (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 first quarter of 2023.

First Quarter 2023 Highlights

First quarter 2023 revenue of $15.5 million, an increase of 10% over the first quarter of 2022U.S. treatment session revenue increased 12% over the first quarter of 2022Shipped... More