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Neuronetics to Report Second Quarter 2023 Financial and Operating Results and Host Conference Call

Key Takeaway: Neuronetics, Inc. (NASDAQ: STIM) announced its plans to report second quarter 2023 financial and operating results on August 8, 2023, before market open. Following the release, the company will host a conference call at 8:30 a.m. Eastern Time to discuss the results. Neuronetics is known for its NeuroStar Advanced Therapy, a non-invasive treatment for mental health conditions, including major depressive disorder and obsessive-compulsive disorder. The company emphasizes its commitment to enhancing the quality of life for patients suffering from neurohealth disorders.
Price reaction · baseline $1.92 (2023-07-24 close) · hit after-hours · clean, no other STIM news in the window
day 0 close
+3.1%
day 1
+4.2%
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Market Sentiment Analysis

POSITIVE FACTORS

  • Neuronetics is a leader in neuroscience, focusing on mental health improvement.
  • The NeuroStar technology provides a non-invasive, drug-free treatment option.
  • The company has a large clinical data set backing its treatment efficacy.
  • Neuronetics is committed to transforming lives through innovative therapies.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Cash runway
~57 mo
Minimal dilution risk
Lead asset
Repetitive Transcranial Magnetic Stimulation
Phase 3 · Major Depressive Disorder

Full Press Release Details

MALVERN, Pa., July 25, 2023 (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 neurohealth disorders, today announced that it plans to release second quarter 2023 financial and operating results prior to market open on Tuesday, August 8th, 2023. The Company will host a conference call to review its results at 8:30 a.m. Eastern Time the same day.
The conference call will be broadcast live in listen-only mode via webcast at https://edge.media-server.com/mmc/p/papp9yri. To listen to the conference call on your telephone, participants may register for the call here. While it is not required, it is recommended you join 10 minutes prior to the event start.
Neuronetics, Inc. believes that mental health is as important as physical health. As a global leader in neuroscience, Neuronetics is redefining patient and physician expectations with its NeuroStar Advanced Therapy for Mental Health. NeuroStar is a non-drug, noninvasive treatment that can improve the quality of life for people suffering from neurohealth conditions when traditional medication hasn’t helped. NeuroStar is FDA-cleared for adults with major depressive disorder (MDD), as an adjunct for adults with obsessive-compulsive disorder (OCD), and to decrease anxiety symptoms in adult patients with MDD that may exhibit comorbid anxiety symptoms (anxious depression). NeuroStar Advanced Therapy is the leading transcranial magnetic stimulation (TMS) treatment for MDD in adults with over 5.4 million treatments delivered. NeuroStar is backed by the largest clinical data set of any TMS system for depression, including the world’s largest depression Outcomes Registry. Neuronetics is committed to transforming lives by offering an exceptional treatment that produces extraordinary results. For safety and prescribing information, www.neurostar.com.
Mike Vallie or Mark Klausner

Frequently Asked Questions

When will Neuronetics announce Q2 2023 results?

Neuronetics will announce its Q2 2023 results on August 8, 2023.

How can I listen to the Neuronetics conference call?

You can listen via webcast or telephone; registration is recommended 10 minutes early.

What is NeuroStar Advanced Therapy?

NeuroStar Advanced Therapy is a non-drug, noninvasive TMS treatment for neurohealth issues.

Is NeuroStar FDA-cleared?

Yes, NeuroStar is FDA-cleared for major depressive disorder and related conditions.

How many NeuroStar treatments have been delivered?

Over 5.4 million NeuroStar treatments have been delivered for depression.

Last updated: Jul 25, 2023