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Stock impact report

NeuroPace Reports First Quarter 2021 Financial Results and Provides 2021 Financial Guidance

Neuropace, Inc. (NPCE) 
Company Research Source: GlobeNewswire
MOUNTAIN VIEW, Calif., June 03, 2021 (GLOBE NEWSWIRE) -- NeuroPace, Inc. (Nasdaq: NPCE), a commercial-stage medical device company focused on transforming the lives of people suffering from epilepsy, today reported financial results for the quarter ended March 31, 2021. Recent Highlights Total revenue of $11.2 million for the first quarter of 2021, representing a 12% increase over the comparable prior year period in 2020Initial implant revenue of $8.1 million for the first quarter of 2021, representing a 23% increase over the prior year periodCompleted an initial public offering of 6.9 million shares, raising approximately $105 million in net proceedsIssues 2021 total revenue guidance of approximately $47 million, representing 14% growth compared to 2020 “We are pleased with our quarterly results and continue to take a measured approach in the early stages of the COVID-19 recovery,” said Mike Favet, Chief Executive Office of NeuroPace. “In addition, Show less Read more
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