earnings
confidence high
sentiment negative
materiality 0.80
Neuronetics Q3 revenue $37.3M (+11% adj pro forma); FY guidance cut; CEO Sullivan to retire June 2026
Neuronetics, Inc.
2025-Q3 EPS reported
-$0.49
revenue$107,380,000
- Revenue $37.3M (+101% YoY, +11% adjusted pro forma); Greenbrook clinic revenue $21.8M (+25% adj pro forma).
- Net loss $(9.4)M ($0.13/shr) vs $(13.3)M ($0.44/shr) last year; gross margin 45.9% (down from 75.6% on business mix).
- Lowers FY2025 revenue guidance to $147-150M (from $149-155M); gross margin 47-49% (from 48-50%).
- CEO Keith Sullivan to retire June 30, 2026; board commenced search; no dispute with management.
- Ended Q3 with $34.5M cash; used $0.8M in ops; secured additional $10M Perceptive debt; raised $7.8M net via ATM.