Neuronetics (STIM) Q2 Loss Wider Than Expected, Revenues Fall Y/Y
Neuronetics(STIM) ZACKS·2024-08-13 22:45
Neuronetics (STIM) reported a net loss of 33 cents per share in second-quarter 2024, wider than the year-ago quarter's reported loss of 17 cents. The figure also lagged the Zacks Consensus Estimate of a loss of 27 cents per share. Q2 Revenues Consolidated revenues amounted to $16.5 million, down 6.3% from $17.6 million recorded in the second quarter of 2023. The figure missed the Zacks Consensus Estimate by 12.2%. Segments in Detail Neuronetics reports under two primary markets, based on the geographic loca ...