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Stock impact report

Neuronetics Reports Record Fourth Quarter and Record Full Year 2023 Financial and Operating Results [Yahoo! Finance]

Neuronetics, Inc. (STIM) 
Last neuronetics, inc. earnings: 3/3 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
technology company with a strategic vision of transforming the lives of patients whenever and wherever they need help, with the best neurohealth therapies in the world, today announced its financial and operating results for the fourth quarter and full year of 2023. Fourth Quarter 2023 Highlights Fourth quarter 2023 revenue of $20.3 million, a 12% increase as compared to the fourth quarter 2022 U.S. NeuroStar Advanced Therapy system revenue of $4.5 million, in the quarter, the Company shipped 59 systems Achieved record U.S. treatment session revenue of $14.9 million in the fourth quarter 2023 Local consumable treatment session revenue increased by over 33% versus the fourth quarter 2022 The Company generated positive cash flow of approximately $1.5 million in the fourth quarter 2023, ending 2023 with cash and cash equivalents at approximately $60 million Full Year 2023 Highlights Full year 2023 revenue of $71.3 million, a 9% increase as compared to full year 2022 Ful Show less Read more
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