May. 6 at 11:21 AM
$STIM Neuronetics reports Q1 EPS (21c), consensus (12c)
Reports Q1 revenue
$32M, consensus
$29.07M. "2025 is off to a great start as our approach to innovative mental health treatment is improving access to care for patients and delivering value for providers," said Keith J. Sullivan, President and Chief Executive Officer of Neuronetics. "Our growth initiatives for the Greenbrook clinics continue to exceed expectations, as we implement our proven operating model and continue to rollout SPRAVATO across our network of locations and institute the buy-and-bill model.
Simultaneously, our Better Me Provider program continues to prove its effectiveness, with participating sites continuing to see improvements in the number of patients treated, and the speed at which a patient begins therapy with NeuroStar TMS. As we execute on both fronts, we're not only expanding access to effective mental health treatments but also strengthening our financial position while remaining on the path to achieving positive cash flow in the third quarter of this year."
