Neuronetics reported Q2 revenue of $41.6M, up 9.1% YoY, with Greenbrook revenue up 16.8%. Adjusted EBITDA swung to a $0.3M profit from a $5.6M loss, while gross margin jumped to 51.1%.
With 9.37M shares short, 33.19% short float, and 5.38 days to cover, STIM is up 20% with 4M shares traded, nearly 2x its 2.08M average volume.
https://www.biospace.com/press-releases/neuronetics-reports-second-quarter-2026-financial-and-operating-results
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