NeuroPace Inc.: Fourth Quarter Earnings Overview

NeuroPace Inc. Reports Fourth Quarter Financial Results

NeuroPace Inc., headquartered in Mountain View, California, announced a net loss of $2.7 million for the fourth quarter.

This translates to a loss of 8 cents per share for the quarter.

The company’s performance surpassed analyst expectations, as experts surveyed by Zacks Investment Research had anticipated a loss of 14 cents per share.

Quarterly revenue reached $26.6 million, outpacing the consensus estimate of $25.9 million from Zacks’ analysts.

For the full year, NeuroPace reported a total loss of $21.5 million, or 66 cents per share, with annual revenue totaling $100 million.

Looking ahead to the first quarter ending in March, the company projects revenue between $21 million and $22 million.

For the entire year, NeuroPace forecasts revenue to fall within the $98 million to $100 million range.