earnings
confidence high
sentiment neutral
materiality 0.75
Neuronetics Q3 rev $18.5M (+4% YoY); cash flow breakeven shifted to Q3 2025
Neuronetics, Inc.
2024-Q3 EPS reported
-$1.04
revenue$52,397,000
- Q3 revenue $18.5M (+4% vs Q3 2023); U.S. system revenue $4.1M (+14%), treatment session revenue $13.3M (+2%).
- Net loss $(13.3)M ($(0.44)/share) vs $(9.4)M ($(0.33)/share) in Q3 2023; EBITDA $(11.6)M.
- Shareholders approved all-stock Greenbrook TMS acquisition; expects cash flow breakeven by Q3 2025 (corrected from Q2).
- Q4 2024 standalone revenue guidance $19M-$20M; full-year 2024 guidance $71M-$72M.
- 188,000 patients treated globally; NeuroStar adolescent TMS data showed 78% response rate at AACAP.