Neuronetics Reports Q3 Earnings Beat and Increases FY26 Outlook
Neuronetics reported third-quarter financial results that exceeded both top-line and bottom-line analyst expectations. The company posted revenue of $42 million, representing a 12.6% increase year-over-year, while GAAP earnings per share (EPS) reached -$0.02, outperforming estimates by $0.07. As part of the quarterly update, Neuronetics provided an updated outlook for fiscal year 2026. The company maintains a solid liquidity position with $27.9 million in total cash as of September 30, 2024, including $22.1 million in cash and cash equivalents.
Tickers: $STIM
Topics: cash position earnings beat revenue growth