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Neuronetics (NASDAQ:STIM) Announces Earnings Results
['Logan Wallace']
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Neuronetics (NASDAQ:STIM – Get Free Report) released its earnings results on Tuesday.
Here are the key takeaways from Neuronetics’ conference call:Get Neuronetics alerts:Revenue rose 9.1% to $41.6 million , while adjusted EBITDA improved to positive $0.3 million from negative $5.6 million a year ago.
Neuronetics Stock PerformanceNeuronetics stock opened at $2.99 on Tuesday.
Weiss Ratings restated a “sell (e+)” rating on shares of Neuronetics in a research note on Thursday, June 18th.
Neuronetics Company Profile(Get Free Report)Neuronetics, Inc is a commercial?stage medical technology company that develops and markets non-invasive neuromodulation therapies for psychiatric and neurological disorders.