Neuronetics Inc

Neuronetics, Inc. commercial stage medical technology company, which engages in the designing, developing and marketing products for the patients suffering from psychiatric disorders. It operates through United States and International geographical segments. The firm offers NeuroStar TMS, a therapy system for the treatment of major depressive disorders in adult patients. The company was founded by Steven B. Waite, Bruce J. Shook, Norman R. Weldon, and Thomas D. Weldon in April 2003 and is headquartered in Malvern, PA.

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Neuronetics reports robust Q4 performance, eyes nurse practitioner opportunities

Neuronetics delivered a strong performance in Q4 2022, showcasing revenue growth, operational achievements, and strategic partnerships.
While facing challenges in managing losses and revenue fluctuations, the company is focused on key initiatives and opportunities for future growth.
By leveraging upcoming opportunities with nurse practitioners and addressing analyst inquiries, Neuronetics aims to navigate challenges and drive sustainable growth in 2023.

Neuronetics Inc reports revenue growth and strategic advancements in Q1 2023

Neuronetics Inc's Q1 2023 performance reflects revenue growth, operational advancements, and strategic initiatives aimed at driving market expansion and financial stability.
While facing challenges in gross margin decline and negative EBITDA, the company's focus on cost management, recovery from merger disruption, and revenue guidance raise position it for future success.
With opportunities in expanded patient access, market growth, and product enhancements, Neuronetics is poised to capitalize on its strengths and navigate challenges effectively in the coming quarters.

Neuronetics reports solid Q2 performance, eyes growth amidst challenges

Neuronetics demonstrated resilience and growth in Q2 2023, with revenue increases and strategic advancements in technology and policy.
While facing challenges from closures and relocations, the company remains focused on financial stability and operational efficiency.
Opportunities lie in new technology clearances, favorable policy changes, and the growing demand for TMS therapy education and services.
Overall, Neuronetics' performance, strengths, challenges, and opportunities position the company for continued growth and market impact.

Neuronetics Inc reports solid Q3 earnings, faces challenges in expenses

Neuronetics Inc (STIM) delivered a strong performance in Q3 2023, showcasing revenue growth and operational advancements.
While facing challenges in aligning revenue with operating expenses, the company maintains a solid financial position and pursues growth opportunities.
By focusing on enhancing patient care standards, expanding market reach, and optimizing financial performance, Neuronetics Inc aims to drive sustainable growth and value creation.

Neuronetics Inc posts record revenue in Q4 2023 earnings call

Neuronetics Inc delivered a strong Q4 performance with revenue growth and achieving positive cash flow for the first time. The company's focus on strategic initiatives, regulatory advancements, and revenue guidance for 2024 indicate a positive trajectory for growth and profitability.

Neuronetics Inc reports revenue growth and strategic partnerships in Q1

Neuronetics Inc's Q1 2024 performance reflects revenue growth, operational efficiency improvements, and a strong financial position.
Strengths include successful programs, strategic partnerships, and growth opportunities in new market segments.
Challenges in system sales and revenue collection highlight areas for improvement, while opportunities in market expansion and revenue growth are promising.
Overall, Neuronetics shows resilience, innovation, and a strategic focus on driving growth and improving patient outcomes.

Neuronetics Inc reports Q2 revenue decline, eyes growth opportunities

Neuronetics Inc faced revenue challenges due to a cybersecurity breach but showed resilience in key areas.
Strategic adjustments and positive program results indicate a focus on growth and market expansion.
Acquisition and new debt facility offer opportunities for future expansion and financial stability.

Neuronetics reports solid Q3 earnings, eyes profitability and growth

Neuronetics is focused on optimizing operations, profitability, and cash flow breakeven by Q3 2025.
Greenbrook acquisition approval and strong business position provide a foundation for future growth.
Challenges include managing treatment session weakness and debt levels while pursuing revenue growth opportunities.

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Neuronetics, Inc. is a commercial stage medical technology company, which focuses on designing, developing, and marketing products that improve the quality of life for patients who suffer from neurohealth disorders. It operates through United States and International geographical segments. The company was founded by Steven B. Waite, Bruce J. Shook, Norman R. Weldon, and Thomas D. Weldon in 1998 and is headquartered in Malvern, PA.

MALVERN, Pa., Jan. 28, 2021 (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM) (the “Company”), a commercial stage medical technology company focused on designing, developing and marketing products that improve the quality of life for patients who suffer from psychiatric disorders, today announced that it has commenced an underwritten public offering of its common stock. The Company intends to grant the underwriters a 30-day option to purchase an additional 15% of the shares of its common stock offered in the public offering. The offering is subject to market and other conditions, and there can be no assurances as to whether or when the offering may be completed, or as to the actual size or terms of the offering. All of the shares to be sold in the proposed offering will be sold by the Company.

Neuronetics Announces Proposed Public Offering of Common Stock

MALVERN, Pa., Jan. 12, 2021 (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM), a commercial stage medical technology company focused on designing, developing and marketing products that improve the quality of life for patients who suffer from psychiatric disorders, today, in advance of the ICR/Westwicke Conference, announced certain preliminary unaudited fourth quarter and full year 2020 revenue results.

Neuronetics Reports Preliminary Fourth Quarter and Fiscal Year 2020 Financial Results

Neuronetics (STIM) saw a big move last session, as its shares jumped nearly 7% on the day, amid huge volumes.

Neuronetics (STIM) in Focus: Stock Moves 6.8% Higher

MALVERN, Pa., Jan. 07, 2021 (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM), a commercial stage medical technology company focused on designing, developing and marketing products that improve the quality of life for patients who suffer from psychiatric disorders, today announced that Keith Sullivan, President and Chief Executive Officer, and Steve Furlong, Chief Financial Officer, will be presenting at the 23rd Annual ICR Westwicke Conference, and participating in a panel discussion on Thursday, January 14, 2021. 23rd Annual ICR/Westwicke Conference (Presentation & Panel Discussion) Thursday, January 14, 2021 Presentation Time: 12:15pm Panel Name: Non-Drug Therapeutics: Devices Changing the Treatment ParadigmPanel Time: 1:45 - 2:30pm A live audio webcast of the ICR Westwicke Conference presentation will be available online at the investor relations page of the Company's website at ir.neuronetics.com. A replay of the webcast will be archived on the website for approximately 90 days. About Neuronetics Neuronetics, Inc. is a commercial-stage medical technology company focused on designing, developing, and marketing products that improve the quality of life for patients who suffer from psychiatric disorders. Its commercial product, the NeuroStar® Advanced Therapy System, is a non-invasive and non-systemic office-based treatment that uses transcranial magnetic stimulation, or TMS, to create a pulsed, MRI-strength magnetic field that induces electrical currents designed to stimulate specific areas of the brain associated with mood. The system is cleared by the United States Food and Drug Administration, or FDA, for the treatment of major depressive disorder in adult patients who have failed to achieve satisfactory improvement from prior antidepressant medication in the current episode. NeuroStar is also available in other parts of the world, including Japan, where it is listed under Japan's national health insurance. Additional information can be found at www.neuronetics.com . Investor Contact: Mark R. KlausnerWestwicke Partners443-213-0501 ir@neuronetics.com  Media Contact: Chelsey MankoVault Communications610-455-2778 cmanko@vaultcommunications.com

Neuronetics to Participate at the 23rd Annual ICR Westwicke Conference

Amendment provides Neuronetics with available and flexible funding options through 2022 Amendment provides Neuronetics with available and flexible funding options through 2022

Neuronetics Announces the Amendment of Credit Facility with Solar Capital Partners

MALVERN, Pa., Nov. 30, 2020 (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM), a commercial stage medical technology company focused on designing, developing and marketing products that improve the quality of life for patients who suffer from psychiatric disorders, today announced that Keith Sullivan, President and Chief Executive Officer, and Steve Furlong, Chief Financial Officer, will participate in the Piper Sandler 32nd Annual Virtual Healthcare Conference on Wednesday, December 2, 2020. A pre-recorded webcast of the conference presentation will be available online at the investor relations page of the Company's website at ir.neuronetics.com . A replay of the webcast will be archived on the website for approximately 90 days. About Neuronetics Neuronetics, Inc. is a commercial-stage medical technology company focused on designing, developing, and marketing products that improve the quality of life for patients who suffer from psychiatric disorders. Its commercial product, the NeuroStar® Advanced Therapy System, is a non-invasive and non-systemic office-based treatment that uses transcranial magnetic stimulation, or TMS, to create a pulsed, MRI-strength magnetic field that induces electrical currents designed to stimulate specific areas of the brain associated with mood. The system is cleared by the United States Food and Drug Administration, or FDA, for the treatment of major depressive disorder in adult patients who have failed to achieve satisfactory improvement from prior antidepressant medication in the current episode. NeuroStar is also available in other parts of the world, including Japan, where it is listed under Japan's national health insurance. Additional information can be found at www.neuronetics.com . Investor Contact: Mark R. KlausnerWestwicke Partners443-213-0501 ir@neuronetics.com Media Contact: Meagan DominicVault Communications610-455-2779 mdominick@vaultcommunications.com

Neuronetics to Participate in the Piper Sandler 32nd Annual Virtual Healthcare Conference

Neuronetics makes a device that stimulates the brain, showing efficacy in MDD patients. Despite being in business for nearly two decades, this is a small company and a depressed stock.

Neuronetics iTBS: Quick Electromagnetic Stimulation For Depression

TouchStar theta burst protocol leverages NeuroStar® Advanced Therapy's patented Contact Sensing technology to help ensure the optimum prescribed treatment dose to patients TouchStar theta burst protocol leverages NeuroStar® Advanced Therapy's patented Contact Sensing technology to help ensure the optimum prescribed treatment dose to patients

Neuronetics® Receives FDA Clearance for Three-Minute TouchStar™ Treatment Protocol

MALVERN, Pa., Nov. 12, 2020 (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM), a commercial stage medical technology company focused on designing, developing and marketing products that improve the quality of life for patients who suffer from psychiatric disorders, today announced that the management team will present at the Canaccord Genuity Virtual MedTech & Diagnostics Forum on Thursday, November 19, 2020 at 12:30pm ET. A live audio webcast of the conference presentation will be available online at the investor relations page of the Company's website at ir.neuronetics.com . A replay of the webcast will be archived on the website for approximately 90 days. About Neuronetics Neuronetics, Inc. is a commercial-stage medical technology company focused on designing, developing, and marketing products that improve the quality of life for patients who suffer from psychiatric disorders. Our first commercial product, the NeuroStar® Advanced Therapy System, is a non-invasive and non-systemic office-based treatment that uses transcranial magnetic stimulation, or TMS, to create a pulsed, MRI-strength magnetic field that induces electrical currents designed to stimulate specific areas of the brain associated with mood. The system is cleared by the United States Food and Drug Administration, or FDA, for the treatment of major depressive disorder in adult patients who have failed to achieve satisfactory improvement from prior antidepressant medication in the current episode. NeuroStar is also available in other parts of the world, including Japan, where it is listed under Japan's national health insurance. Additional information can be found at www.neuronetics.com . Investor Contact: Mark R. KlausnerWestwicke Partners443-213-0501 ir@neuronetics.com Media Contact: Chelsey MankoVault Communications610-455-2778 cmanko@vaultcommunications.com

Neuronetics to Present at the Canaccord Genuity Virtual MedTech & Diagnostics Forum

Neuronetics, Inc. (STIM) CEO Keith Sullivan on Q3 2020 Results - Earnings Call Transcript

MALVERN, Pa., Nov. 02, 2020 (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM), a commercial stage medical technology company focused on designing, developing and marketing products that improve the quality of life for patients who suffer from psychiatric disorders, today announced its financial and operating results for the third quarter of 2020.

Neuronetics Reports Third Quarter 2020 Financial and Operating Results

MALVERN, Pa., Oct. 19, 2020 (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM), a commercial stage medical technology company focused on designing, developing and marketing products that improve the quality of life for patients who suffer from psychiatric disorders, today announced that it plans to release third quarter 2020 financial and operating results after market close on Monday, November 2, 2020. The Company will host a conference call to review its results at 4:30 p.m. Eastern Time the same day.

Neuronetics to Report Third Quarter 2020 Financial and Operating Results and Host Conference Call

COMPASS Pathways

The following originally appeared on CapitalWatch An increasing number of Americans becoming increasingly anxious or depressed or worse. To wit, there were more than 72,000 fatal overdoses in 2019 and more than 48,000 suicides in 2018.

These Small Caps Are Betting Big On America Losing Its Mind

MALVERN, Pa., Oct. 05, 2020 (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM), a commercial stage medical technology company focused on improving the lives of patients who suffer from psychiatric disorders, announced that Sara Grubbs has been appointed as the company’s Vice President, Sales effective immediately.

Neuronetics Appoints Sara Grubbs as Vice President, Sales

Participating practices educate patients with depression about non-drug treatment options like NeuroStar Advanced Therapy Participating practices educate patients with depression about non-drug treatment options like NeuroStar Advanced Therapy

NeuroStar® Advanced Therapy Providers Offer Free TMS Consultations During National Depression Awareness Month

The market leader in transcranial magnetic stimulation therapy applauds leading NeuroStar® Advanced Therapy provider The market leader in transcranial magnetic stimulation therapy applauds leading NeuroStar® Advanced Therapy provider

Neuronetics® Celebrates 500,000 Treatment Milestone for Greenbrook® TMS

Neuronetics will share clinical data on its NeuroStar® Advanced Therapy treatment, including a bipolar depression pilot study, outcomes registry, and DASH protocol Neuronetics will share clinical data on its NeuroStar® Advanced Therapy treatment, including a bipolar depression pilot study, outcomes registry, and DASH protocol

Neuronetics Unveils New Depression Data at Clinical TMS Society’s Virtual Events

Neuronetics, Inc. (STIM) CEO Keith Sullivan on Q2 2020 Results - Earnings Call Transcript

MALVERN, Pa., Aug.  04, 2020  (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM), a commercial stage medical technology company focused on designing, developing and marketing products that improve the quality of life for patients who suffer from psychiatric disorders, today announced its financial and operating results for the second quarter of 2020.

Neuronetics Reports Second Quarter 2020 Financial and Operating Results

Neuronetics (STIM) saw a big move last session, as its shares jumped more than 11% on the day, amid huge volumes.

Neuronetics (STIM) Looks Good: Stock Adds 11.3% in Session

MALVERN, Pa., July  14, 2020  (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM), a commercial stage medical technology company focused on improving the lives of patients who suffer from psychiatric disorders, announced that Keith J. Sullivan has been appointed as the company’s President and Chief Executive Officer and has joined the Board of Directors effective immediately.

Neuronetics Announces the Appointment of Keith J. Sullivan as President and Chief Executive Officer

MALVERN, Pa., June  26, 2020  (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM), a commercial-stage medical technology company focused on designing, developing and marketing products that improve the quality of life for patients who suffer from psychiatric disorders, today announced the appointment of Bruce J. Shook to its Board of Directors and as a member of the Audit Committee effective immediately. Mr. Shook fills the seat vacated by Dr. Cheryl Blanchard today. Neuronetics’ Board of Directors will continue to have six members.

Neuronetics Announces Appointment of Bruce J. Shook to its Board of Directors

Neuronetics, Inc. (STIM) Q1 2020 Results - Earnings Call Transcript

Neuronetics (STIM) delivered earnings and revenue surprises of -54.55% and -3.56%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Neuronetics (STIM) Reports Q1 Loss, Misses Revenue Estimates

MALVERN, Pa., April  08, 2020  (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM), a commercial stage medical technology company focused on designing, developing and marketing products that improve the quality of life for patients who suffer from psychiatric disorders, today announced that its Board of Directors authorized the adoption of a limited duration rights plan (“Rights Plan”). The rights will be issued to shareholders of record on April 20, 2020 and will expire on April 8, 2021.

News for Neuronetics Inc Stock (STIM)