MALVERN, Pa. (AP) — MALVERN, Pa. (AP) — Neuronetics Inc. (STIM) on Tuesday reported a loss of $8.3 million in its fourth quarter.
The Malvern, Pennsylvania-based company said it had a loss of 30 cents per share.
The medical device company focused on psychiatric disorders posted revenue of $18.2 million in the period.
For the year, the company reported a loss of $37.2 million, or $1.38 per share. Revenue was reported as $65.2 million.
For the current quarter ending in March, Neuronetics said it expects revenue in the range of $15 million to $16 million.
The company expects full-year revenue in the range of $66 million to $72 million.
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