MOUNTAIN VIEW, Calif. (AP) — MOUNTAIN VIEW, Calif. (AP) — NeuroPace Inc. (NPCE) on Tuesday reported a loss of $2.7 million in its fourth quarter.
On a per-share basis, the Mountain View, California-based company said it had a loss of 8 cents.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 14 cents per share.
The company posted revenue of $26.6 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $25.9 million.
For the year, the company reported a loss of $21.5 million, or 66 cents per share. Revenue was reported as $100 million.
For the current quarter ending in March, NeuroPace Inc. said it expects revenue in the range of $21 million to $22 million.
The company expects full-year revenue in the range of $98 million to $100 million.
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