Neuronetics Sees Prelim. Q4 Total Revenue $20M+ vs Previously Stated Guidance Of $19M-$21M
Portfolio Pulse from Benzinga Newsdesk
Neuronetics reports preliminary Q4 total revenue exceeding $20M, aligning with its previously stated guidance range of $19M-$21M.
January 08, 2024 | 1:36 pm
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NEUTRAL IMPACT
Neuronetics' preliminary Q4 revenue surpasses $20M, which is within the guidance range provided earlier.
Neuronetics' preliminary revenue announcement is in line with its previously stated guidance, which may not significantly move the stock price as it confirms investor expectations. However, it shows the company's ability to meet its financial targets, which could be viewed positively by the market.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100