Neuronetics: Q4 Earnings Snapshot

MALVERN, Pa. (AP) — MALVERN, Pa. (AP) — Neuronetics Inc. (STIM) on Tuesday reported a loss of $5.4 million in its fourth quarter.

On a per-share basis, the Malvern, Pennsylvania-based company said it had a loss of 19 cents.

The medical device company focused on psychiatric disorders posted revenue of $20.3 million in the period.

For the year, the company reported a loss of $30.2 million, or $1.05 per share. Revenue was reported as $71.3 million.

For the current quarter ending in March, Neuronetics said it expects revenue in the range of $16.7 million to $17.7 million.

The company expects full-year revenue in the range of $78 million to $80 million.

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