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0.042992125984252 0.042992125984252 0.036220472440945 0.026246719160105 0 0 0 -0.0236220472440945
Stock impact report

NeuroMetrix Reports Q3 2024 Business Highlights

NeuroMetrix, Inc. (NURO) 
Last neurometrix, inc. earnings: 4/20 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.neurometrix.com/investor-relations
Company Research Source: GlobeNewswire
WOBURN, Mass., Nov. 05, 2024 (GLOBE NEWSWIRE) -- NeuroMetrix, Inc. (Nasdaq: NURO) today reported financial and business highlights for the quarter and nine months ended September 30, 2024. The Company develops proprietary non-invasive medical devices for the diagnosis and treatment of pain and neurological disorders. NeuroMetrix, Inc. is actively pursuing its previously announced review of strategic options to enhance shareholder value. Over the past several quarters, the Company has strengthened its Board of Directors, terminated common stock sales under its ATM program, implemented a reduction-in-force, and phased-out its legacy ADVANCE® business. As a result, operating expenses and cash usage have been lowered by over $0.5M per quarter. The Company continues to build the Quell® Fibromyalgia business via direct-to-physician marketing and sales to Veterans Health Administration facilities.       Q3 Business Highlights: Quell revenue increased by 50% to $184,000 in Q3 2024 from $ Show less Read more
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