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Neuronetics: 3Q Earnings Snapshot

·1 min read

MALVERN, Pa. (AP) _ Neuronetics Inc. (STIM) on Monday reported a loss of $3.4 million in its third quarter.

On a per-share basis, the Malvern, Pennsylvania-based company said it had a loss of 18 cents.

The medical device company focused on psychiatric disorders posted revenue of $12.4 million in the period.

Neuronetics shares have increased 16% since the beginning of the year. In the final minutes of trading on Monday, shares hit $5.22, a decrease of 41% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on STIM at https://www.zacks.com/ap/STIM