NeurAxis Stock Surges After Strong Q3 Earnings and Expanded Coverage
Neuraxis(NRXS) ZACKS·2024-11-16 01:50
Shares of NeurAxis, Inc. (NRXS) have gained 41.2% since it reported earnings for the quarter ended Sept. 30, 2024. This strong performance contrasts with the S&P 500 index, which saw a decline of 0.9% during the same period. Over the past month, NeurAxis stock has risen 17.7%, outperforming the S&P 500’s 2.1% gain.Financial PerformanceNeurAxis reported revenues of $0.7 million in third-quarter 2024, marking a 39.6% increase from $0.5 million in third-quarter 2023. Gross profit grew 38.9% year over year to $ ...