earnings
confidence high
sentiment positive
materiality 0.80
NeuroPace reports record Q1 revenue $22.5M (+24% YoY), raises FY2025 guidance to $93-97M
NeuroPace Inc
2025-Q1 EPS reported
-$0.21
revenue$22,524,000
- Record quarterly revenue $22.5M, up 24% YoY; RNS System revenue up 29% excluding NAUTILUS study implants.
- Gross margin 77.0% exceeded full-year guidance of 73-75%; operating loss narrowed to $5.1M from $7.5M.
- Full-year 2025 revenue guidance raised to $93-97M (16-21% growth); expects NAUTILUS topline data in H2 2025.
- Strategic refocus on core RNS System; terminating SEEG distribution relationship starting Q4 2025 through Q1 2026.
- Cash and investments $66.3M; long-term debt $59.8M as of March 31, 2025.