NeuroPace Inc (NPCE) Q3 2024 Earnings Call Highlights: Record Revenue and Strategic Growth ... [Yahoo! Finance]
Neuropace, Inc. (NPCE)
Company Research
Source: Yahoo! Finance
NeuroPace Inc ( NASDAQ:NPCE ) reported a record revenue of $21.1 million for Q3 2024, marking a 28% increase compared to the same period last year. The company demonstrated disciplined operating expense management, reducing cash burn to $1.8 million for the quarter. NeuroPace Inc ( NASDAQ:NPCE ) increased its cash balance from $55.5 million at the end of Q2 to $56.8 million at the end of Q3, indicating strong financial health. The company successfully expanded its market penetration and utilization of both the RNS system and Dixie Medical products. NeuroPace Inc ( NASDAQ:NPCE ) is on track with its Nautilus study, which could lead to the RNS system being the first device with an FDA-approved indication for idiopathic generalized epilepsy. Gross margin for Q3 2024 was 73.2%, slightly down from 74.5% in the same quarter of 2023. R&D expenses increased to $5.8 million in Q3 2024 from $4.8 million in the same period of 2023, driven by personnel and program expenses. SG&A ex
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NPCE
News
- What Makes NeuroPace (NPCE) a New Buy Stock [Yahoo! Finance]Yahoo! Finance
- Wall Street Analysts Believe NeuroPace (NPCE) Could Rally 54.34%: Here's is How to Trade [Yahoo! Finance]Yahoo! Finance
- NeuroPace Third Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]Yahoo! Finance
- NeuroPace, Inc. (NASDAQ: NPCE) had its price target lowered by analysts at Wells Fargo & Company from $15.00 to $13.00. They now have an "overweight" rating on the stock.MarketBeat
- NeuroPace Inc.: Q3 Earnings Snapshot [Yahoo! Finance]Yahoo! Finance
NPCE
Earnings
- 11/12/24 - Beat
NPCE
Sec Filings
- 11/14/24 - Form SC
- 11/14/24 - Form SC
- 11/12/24 - Form 10-Q
- NPCE's page on the SEC website