MALVERN, PA — Neuronetics, Inc. (NASDAQ: STIM), a global leader in neuroscience, is set to release its financial and operating results for the fourth quarter of 2023 on March 5, 2024. The company has scheduled a conference call at 8:30 a.m. Eastern Time on the same day to review its results. Market watchers can tune into the call, which will be broadcast live in listen-only mode.
The Pennsylvania-based company is known for its commitment to mental health and its innovative approach to treatment. Neuronetics’ NeuroStar Advanced Therapy for Mental Health has been redefining patient and physician expectations. This non-drug, non-invasive treatment has the potential to significantly improve the quality of life for people suffering from neurohealth conditions, particularly when traditional medication hasn’t yielded desired results.
In the United States, the FDA has cleared NeuroStar for use in adults with major depressive disorder (MDD), as a supplementary treatment for adults with obsessive-compulsive disorder (OCD), and to alleviate anxiety symptoms in adult patients with MDD who may also exhibit comorbid anxiety symptoms. The therapy uses transcranial magnetic stimulation (TMS) to treat MDD in adults, and it has delivered over 5.9 million treatments to date, making it the leading TMS treatment for depression.
The effectiveness of NeuroStar is backed by robust clinical data, including the world’s largest depression Outcomes Registry. This extensive database underscores NeuroStar’s reputation as an exceptional treatment that produces extraordinary results.
The upcoming announcement of Neuronetics’ Q4 2023 financial results will provide valuable insights into the company’s performance and the market’s response to its groundbreaking therapies. Given the rising global focus on mental health, investors and market analysts will be keenly watching how the company’s innovative approach to mental health treatment is reflected in its quarterly figures.
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