MARKET COMPOSITE
STIM - Neuronetics Inc8:00:00 PM 4/18/2024
Price
$3.83
-0.13 (-3.28%)
Neuronetics, Inc., a commercial stage medical technology company, designs, develops, and markets products for patients with psychiatric disorders in the United States and internationally. The company offers NeuroStar Advanced Therapy System, a non-invasive and non-systemic office-based treatment to treat adult patients with major depressive disorder. Its NeuroStar Advanced Therapy System uses transcranial magnetic stimulation to create a pulsed, MRI-strength magnetic field that induces electrical currents designed to stimulate specific areas of the brain associated with mood. The company sells its products through its sales and customer support team to psychiatrist customers. Neuronetics, Inc. was founded in 2003 and is headquartered in Malvern, Pennsylvania.
Financials
Quarterly financials
(USD)Sep 2023Q/Q
Revenue17.9MM+2%
Gross Profit11.8MM-8%
Cost Of Revenue6.1MM+27%
Operating Income-8.9MM+21%
Operating Expenses20.6MM+3%
Net Income-9.4MM+92%
R&D2.2MM-9%
G&A6.3MM+2%
Marketing12.1MM+5%
Amortization500K-
Interest Expense1.2MM+3%
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