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Market Impact: 0.28

Neuronetics (STIM) Reports Q1 Loss, Tops Revenue Estimates

STIM
Corporate EarningsCompany FundamentalsAnalyst EstimatesHealthcare & Biotech

Neuronetics reported a quarterly loss of $0.16 per share, slightly better than the Zacks Consensus Estimate of a $0.17 loss and improved from a $0.21 loss a year ago. The earnings beat was modest, but the narrower year-over-year loss suggests incremental improvement in fundamentals. The news is likely to have limited near-term market impact.

Analysis

Neuronetics reported a quarterly loss of $0.16 per share, slightly better than the Zacks Consensus Estimate of a $0.17 loss and improved from a $0.21 loss a year ago. The earnings beat was modest, but the narrower year-over-year loss suggests incremental improvement in fundamentals. The news is likely to have limited near-term market impact.

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mildly positive

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