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Neuronetics to Report Third Quarter 2024 Financial and Operating Results and Host Conference Call

Key Takeaway: Neuronetics, Inc. plans to release its third quarter 2024 financial results on November 12, 2024, before market opening. A conference call is scheduled for the same day at 8:30 a.m. Eastern Time to discuss these results. The company focuses on mental health innovations, specifically its NeuroStar Advanced Therapy, which has shown effectiveness for patients who have not responded to traditional medications.
Price reaction · baseline $0.9912 (2024-10-28 close) · hit after-hours · clean, no other STIM news in the window
day 0 close · peak
+1.9%

Market Sentiment Analysis

POSITIVE FACTORS

  • Neuronetics will report third quarter financial results soon, indicating transparency.
  • The company continues to promote its NeuroStar Advanced Therapy, which has a significant market presence and patient impact.
  • Neuronetics presents itself as a leader in providing non-invasive mental health treatments.

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., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM), a medical technology company focused on designing, developing, and marketing products that improve the quality of life for patients who suffer from neurohealth disorders, announced that it plans to release third quarter 2024 financial and operating results prior to market open on Tuesday, November 12, 2024. 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/yk5bidgv. 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 indicated for the treatment of depressive episodes and for decreasing anxiety symptoms for those who may exhibit comorbid anxiety symptoms in adult patients suffering from MDD and who failed to achieve satisfactory improvement from previous antidepressant medication treatment in the current episode. It is also FDA-cleared as an adjunct for adults with obsessive-compulsive disorder and for adolescent patients aged 15-21 with MDD. NeuroStar Advanced Therapy is the leading TMS treatment for MDD in adults with over 6.6 million treatments delivered. 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 release its Q3 2024 results?

Neuronetics plans to release its Q3 2024 results on November 12, 2024.

What is NeuroStar Advanced Therapy?

NeuroStar Advanced Therapy is a non-invasive treatment for mental health disorders.

Who can benefit from NeuroStar treatment?

NeuroStar is for adults with MDD who haven't improved with medications.

How many NeuroStar treatments have been delivered?

Over 6.6 million NeuroStar treatments have been provided to date.

How can I listen to the conference call?

The conference call can be listened to via live webcast or by phone.

Last updated: Oct 29, 2024