Just caught STIM popping off in premarket - up nearly 30% to $1.89 after Neuronetics dropped their Q4 numbers. Pretty solid performance actually. Q4 revenue hit $41.8M, that's 86% growth year-over-year from $22.49M. Full year came in at $149.2M, basically doubled from $74.9M the year before.



The real driver seems to be their NeuroStar system gaining traction. They shipped 49 units in Q4 alone, and the device revenue specifically jumped to $18.3M from just $3.8M a year ago. For context, NeuroStar is this non-invasive therapy system they use for treating major depressive disorder and OCD. Clinic revenue from the device also spiked to $23.5M versus $4.4M in the same quarter last year.

What caught my attention is they're actually generating positive operating cash flow now and sitting on $34.1M in cash. The CEO mentioned they're translating this revenue growth into actual profitability, which is always a good sign. They're planning to release full Q4 results on March 17, so there might be more detail coming. Definitely one to watch if you're looking at healthcare tech plays with real revenue momentum.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned