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Neuronetics sees Q4 revenue over $20M, consensus $19.76M
The Fly

Neuronetics sees Q4 revenue over $20M, consensus $19.76M

Preliminary unaudited U.S. NeuroStar Advanced Therapy System revenue is expected to be approximately $4.5 million. In the quarter, the Company shipped 59 systems. Preliminary unaudited U.S. Treatment Session revenue is expected to be over $14.5 million a Company record, and an increase of approximately 20% over the fourth quarter of 2022. Local consumable revenue increased by over 33% over the fourth quarter 2022. The Company generated positive cash flow of over $1 million in the fourth quarter 2023, ending 2023 with cash and cash equivalents at approximately $59 million.

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