Neuronetics Q3 revenue misses estimates

Reuters11-04
Neuronetics Q3 revenue misses estimates

Overview

  • Neuronetics Q3 2025 revenue rose 101% yr/yr but missed analyst expectations

  • U.S. Greenbrook clinic revenue grew 25% on an adjusted pro forma basis

  • CEO Keith J. Sullivan to retire in June 2026, search for successor underway

Outlook

  • Company expects Q4 2025 revenue between $40 mln and $43 mln

  • Neuronetics revises 2025 revenue guidance to $147 mln-$150 mln

  • Company targets positive cash flow from operations in Q4 2025

Result Drivers

  • GREENBROOK ACQUISITION - Revenue growth primarily driven by Greenbrook clinic acquisition

  • PURCHASING PATTERNS - Decline in treatment session revenue due to changes in customer purchasing patterns

  • CASH MANAGEMENT - Improved cash management with reduced cash used in operations

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

Miss

$37.30 mln

$37.80 mln (3 Analysts)

Q3 EPS

-$0.13

Q3 Gross Margin

45.90%

Q3 Operating Expenses

$24.40 mln

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the advanced medical equipment & technology peer group is "buy"

  • Wall Street's median 12-month price target for Neuronetics Inc is $7.00, about 60.4% above its November 3 closing price of $2.77

Press Release: ID:nGNX3WbyNw

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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