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Stock impact report

NeuroPace Reports First Quarter 2024 Financial Results and Provides Corporate Update [Yahoo! Finance]

Neuropace, Inc. (NPCE) 
Company Research Source: Yahoo! Finance
-- Maintained full-year 2024 revenue guidance of $73 to $77 million -- -- Management scheduled to host a conference call today at 4:30 p.m. ET -- MOUNTAIN VIEW, Calif., May 08, 2024 (GLOBE NEWSWIRE) -- NeuroPace, Inc. (Nasdaq: NPCE), a medical device company focused on transforming the lives of people living with epilepsy, today reported financial results for the first quarter ended March 31, 2024, and provided a corporate update. Recent Highlights Reported total revenue of $18.1 million in the first quarter of 2024, a 25% increase compared with $14.5 million for the first quarter of 2023 Generated strong revenue growth from both RNS System and DIXI Medical sales compared to the prior year quarter Extended the maturity date of its term loan by one year to September 30, 2026, increasing the Company's financial flexibility Achieved an agreement milestone in its strategic biotechnology company collaboration to leverage the RNS System's unique data monitoring and analysis c Show less Read more
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